South Crichton Office Space

South Crichton

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,000

South Crichton Rates

On average, listings lease in the $10's per square foot per year. The South Crichton region is going through a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 38% decrease in rent.

South Crichton Listing Supply

In the last 90 days, 37 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 3% of the available space in the South Crichton 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1989 and are Class B.

South Crichton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst South Crichton occupants. 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 South Crichton.
Research