2024 Office Space Rent & Sales
- $24.63 2024 Avg. Asking Rent
- 29.22% 2024 Office Vacancy Rate
Elkridge office price per square foot in 2024 was $24.63 on average. The local office market recorded an average vacancy rate of 29.22% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Maryland Class A & A+ Office Space$33.92
- Maryland Class B Office Space$27.36
- Maryland Class C Office Space$20.52
Elkridge, MD Office Asking Rents by Class
2024 Office Vacancy Rates in Elkridge
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Columbia | $27.25 | 18.45% |
| Jessup | $24.00 | 18.85% |
| Baltimore Washington International | $22.39 | 13.93% |
Office Spaces for Rent in Maryland
- Washington Office Space
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- Upper Marlboro Office Space
Coworking Spaces in Maryland
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 5668 Furnace Ave | 5668 Furnace Avenue, 21075 | 2,800 | 2016 |
| 6755 Business Pkwy | 6755 Business Pkwy, 21075 | 13,029 | 2009 |
| Dorsey Station | 6865 Deerpath Road, 21075 | 63,241 | 2006 |
| 6800 Deerpath Road | 6800 Deerpath Road, 21075 | 56,828 | 2006 |
| Chartwell Professional Park | 8186 Lark Brown Road, 21075 | 98,000 | 2004 |
| Dorsey Business Ctr Bldg C | 6810 Deerpath Rd, 21075 | 83,220 | 1987 |
| Elkridge Industrial Park | 6339 Howard Lane, 21075 | 13,098 | 1971 |
Worth noting among recent office completions on the Elkridge market is 5668 Furnace Ave, which is currently the largest new office development in the city, at 2,800 square feet.
See reports for other markets
- Baltimore Office Rent Price
- Rockville Office Rent Price
- Columbia Office Rent Price
- Annapolis Office Rent Price
- Bethesda Office Rent Price
- Gaithersburg Office Rent Price
- Silver Spring Office Rent Price
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- Cockeysville Office Rent Price
- Houston Office Rent Price
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- San Diego Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Elkridge commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.