Summit West Industrial Space

Summit West

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,230

Summit West Rates

Most listings are in the $20's per square foot per year. The Summit West region is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 27% decrease in rent.

Summit West Listing Supply

In the last 90 days, 35 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Summit West are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,230 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 2005 and are Class A.

Summit West Community

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 area. Commute by bike is the most popular way to get to work amongst Summit West residents. Commuting between 30 and 45 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 Summit West.
Research