On average, listings lease in the $20's per square foot per year. The South Central region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 16% increase in rent.
In the last 90 days, 82 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the South Central are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,700 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1992 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of South Central work from home. Commuting approximately an hour and a half 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 Central.
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