Compared to the rest of the Pittsburgh market, the North Oakland region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 24 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the North Oakland are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 5 floors. Most buildings in this market were built in 1930 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. Commute by car is the most popular way to get to work amongst North Oakland residents. Commuting close to 30 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 North Oakland.
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