On average, listings lease in the $20's per square foot per year. The South Salt Creek region is seeing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 17 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the listings in the South Salt Creek are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,210 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst South Salt Creek occupants. 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 South Salt Creek.
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