Hoffman Estates Medical Space For Lease

Hoffman Estates

Market Report

Number of Listings For Lease
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
36,000

Hoffman Estates Commercial Real Estate

Find Hoffman Estates commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Hoffman Estates commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Hoffman Estates Rates

On average, commerial real estate listings lease in the $10's per square foot per year. The Hoffman Estates region is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $5 per sqft per year. That's a 36% increase in rent.

Compared to the rest of the Chicagoland commercial real estate market, the Hoffman Estates region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Hoffman Estates Listing Supply

In the last 90 days, 162 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Hoffman Estates 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 available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 36,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built around 1992 and are Class A.

Hoffman Estates Community

Market Data

Real time and historical data on commercial real estate listings in Hoffman Estates.
Research