Hanover, MD Industrial Properties for Lease
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Hanover, MD Industrial properties Lease Rates & Market Statistics
Browse 29 Industrial properties for lease in Hanover, MD on Realmo, a commercial real estate marketplace serving the Hanover area. The current inventory totals 1,573,445 square feet of properties — an average of ~54,250 SF per listing.
Industrial properties lease rates in Hanover range from $5.07 SF/Yr at the entry level to $17.32 SF/Yr at the top of the market, averaging $11.19 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $11.19 SF/Yr is 31% below the Maryland state average of $16.18 SF/Yr.
Hanover accounts for 22% of the 132 industrial properties currently available across Anne Arundel County, where nearby markets include Glen Burnie and Annapolis. By space type, the market includes 14 flex space listings and 10 other industrial properties.