2025 Office Space Rent & Sales
- $28.32 2025 Avg. Asking Rent
- 3.93% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Upper Marlboro?
Average asking rents for office space here stand at $28.32 per square foot. The local office market recorded an average vacancy rate of 3.93% in 2025, unchanged from 3.93% in 2024.
Upper Marlboro, MD Office Asking Rents by Class
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.
Upper Marlboro, MD Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Upper Marlboro | $29.31 | 6.76% |
| Lanham - Bowie | $19.95 | 19.37% |
What are the largest recent office completions in Upper Marlboro?
The largest recent office completion here is The Ella at Carillon at 132,810 square feet, completed in 2023. The next largest completions are 1400 & 1450 Mercantile Lane at Largo Park and 9701 Apollo Drive at Largo Park.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Ella at Carillon | 950 Harry S. Truman Drive, 20774 | 132,810 | 2023 |
| 1401 Mercantile Lane at Largo Park | 1401 Mercantile Lane, 20774 | 88,050 | 2007 |
| 9701 Apollo Drive at Largo Park | 9701 Apollo Drive, 20774 | 93,584 | 2002 |
| 9500 Medical Center Drive at Largo Park | 9500 Medical Center Drive, 20774 | 57,137 | 1999 |
| 9692-9696 Marlboro Pike | 9692-9696 Marlboro Pike, 20772 | 3,300 | 1998 |
| 1400 & 1450 Mercantile Lane at Largo Park | 1400 Mercantile Lane, 20774 | 94,840 | 1987 |
See reports for other markets
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- Rockville Office Rent Price
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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.