Urbana Industrial

Urbana

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
910

Urbana Rates

Most listings are in the $20's per square foot per year. The Urbana region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Washington D.C. market, the Urbana region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Urbana Listing Supply

In the last 90 days, 15 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Urbana are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 910 sqft. Most buildings in this region were built in 2017 and are Class A.

Urbana Community

Market Data

Real time and historical data on commercial real estate listings in Urbana.
Research