Old Salem Industrial Space For Lease

Old Salem

Market Report

Number of Listings For Lease
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,700

Old Salem Commercial Real Estate

Find Old Salem commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Old Salem commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Old Salem Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Old Salem region is going through a an increase in rates. In the last 3 months, the median rate for lease increased $21 per sqft per year.

Old Salem Listing Supply

In the last 90 days, 3 commercial real estate listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,700 sqft. Most buildings in this area were built around 1945 and are Class A.

Old Salem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the residents of Old Salem work from home. Commuting between 20 and 25 minutes 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 Old Salem.
Research