On average, listings lease in the $10's per square foot per year. The Luff region is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 12 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 13,450 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of Luff work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Luff.
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