University Pines Industrial

University Pines

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
870

University Pines Rates

On average, listings lease in the $10's per square foot per year. The University Pines region is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decline in rent.

University Pines Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the University Pines are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 870 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1983 and are Class B.

University Pines 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 market. Most of the residents of University Pines work from home. Commuting approximately 30 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 University Pines.
Research