Bethesda Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Bethesda is $40.04 per square foot, 8.55% higher compared to the previous year.
  • The average sale price for office space in Bethesda is $138.97 per square foot, marking an increase of 39.58% compared to 2024.
  • The market’s vacancy rate stands at 21.35%, higher than the state average of Maryland, which is 17.50%.

2025 Office Space Rent & Sales

  • $40.04 2025 Avg. Asking Rent
  • 8.55% Y-o-Y Avg. Asking Rent Change
  • 21.35% 2025 Office Vacancy Rate
  • $83.5M2025 Total Office Sales
  • $138.97Avg. Sale Price/SF

What is the average asking rent price for office space in Bethesda?

Average asking rents for office space here stand at $40.04 per square foot. The local office market recorded an average vacancy rate of 21.35% in 2025, unchanged from 21.35% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $83.5M across 5 sales. These transactions commanded an average sale price per square foot of $138.97.

Bethesda, MD Office Asking Rents by Class

What is the average office rent per square foot by property class in Bethesda?

  • Avg. Asking Rent Class A & A+$39.94
  • Avg. Asking Rent Class B$40.32

What is the average office rent per square foot by property class in MD?

  • Avg. Asking Rent Class A & A+$34.89
  • Avg. Asking Rent Class B$27.64
  • Avg. Asking Rent Class C$21.81

For comparison, the average rent for Class A and A+ office space in Maryland was $34.89 per square foot. The state-wide average for Class B space was $27.64 per square foot, and Class C office spaces averaged $21.81 per square foot.

Bethesda, MD Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Bethesda was Bethesda at 19.00%. Meanwhile, the highest office vacancy rate in the market was 25.96%, recorded in North Bethesda.
Submarket Asking Rents Vacancy Rates
Bethesda $43.21 19.00%
North Bethesda $32.84 25.96%
Data provided by Yardi Research

Explore Top Office Markets in Maryland

2025 Office Sales Volume

  • $138.972025 Avg. Price per SF
  • 39.58%Y-o-Y Avg. PpSF Change
  • $83.5M2025 Office Sales Volume
  • 52025 Number of Transactions

What is the average sale price per square foot for office space in Bethesda?

Average sale prices for office space in this market recorded a +39.58% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $138.97 per square foot. For comparison, the statewide Maryland average during the same time period stood at $106.23 per square foot, while the national average was $182.48 per square foot.

Bethesda, MD Sale Price per SF Trend

  • Bethesda Avg. Sale Price per SF in 2025$138.97
  • Maryland Avg. Sale Price per SF in 2025$106.23

What was the total office sales volume in Bethesda in 2025?

The local office market recorded 5 deals in 2025, adding up to a yearly sales volume of $83.5M.

  • Bethesda, MD Total Office Sales Volume in 2025 $83.5M
  • Bethesda, MD Total Number of Office Sales Closed in 2025 5
Data provided by Yardi Research

Office Construction in Bethesda, MD

What are the largest recent office completions in Bethesda?

The largest recent office completion here is 7501 Wisconsin Avenue at 699,296 square feet, completed in 2001. The next largest completions are Avocet Tower and 2 Bethesda Metro Center.

Office building Address SF Completed
Avocet Tower 7373 Wisconsin Avenue, 20814 370,000 2021
4500 East West 4500 East-West Hwy, 20814 228,372 2014
SkyBridge Tower 2 6720 Rockledge Dr, 20817 221,225 2008
7501 Wisconsin Avenue 7501 Wisconsin Avenue, 20814 699,296 2001
Woodmont East @ Bethesda Row 7255 Woodmont Avenue, 20814 94,203 2001
Bethesda Place II 7600 Wisconsin Avenue, 20814 205,782 2000
2 Bethesda Metro Center 2 Bethesda Metro Center, 20814 306,238 1999
Two Bethesda Metro Center 7401 Woodmont Avenue, 20814 288,629 1999
4866 Cordell Ave 4866 Cordell Ave, 20814 1,800 1999
Capital Gateway II 6710 Rockledge Drive, 20817 293,551 1993
Data provided by Yardi Research

See reports for other markets

Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.