University Park - South Downtown Industrial Space

University Park - South Downtown

Market Report

Number of Listings
Posted in the last 90 days
28
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,050

University Park - South Downtown Rates

The typical asking rate per listing is in the $30's per square foot per year. The University Park - South Downtown submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

University Park - South Downtown Listing Supply

In the last 90 days, 230 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the listings in the University Park - South Downtown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,050 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 5 floors. Most buildings in this region were built in 1956 and are Class A.

University Park - South Downtown Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst University Park - South Downtown folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in University Park - South Downtown.
Research