Retail Business for Lease in Baltimore, MD

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Baltimore, MD 21231

Description

Commercial property listing from JLL. Property: 1629-1637 Thames St.

Market Context

This retail in Baltimore, MD is listed for lease. It has been on the market for 134 days. Compare it against other retail listings for lease in Baltimore, MD — <a href="/search/lease/retail/maryland/baltimore">view the full market</a>.

As of Q3 2023, the Baltimore retail market showed a 6.1% vacancy rate, average asking rents near $25.01/SF/yr, and cap rates around 6.8%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Baltimore?
About 6.8% as of Q3 2023, per Consensus.
Is the Baltimore retail market tightening or softening?
Vacancy is around 6.1% (Q3 2023).

Unified Estimate

Medium Confidence

$1.77/SF/mo – $2.39/SF/mo

Mid: $2.08/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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