Lincoln Office Space

Lincoln

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
8,090

Lincoln Rates

Most listings are in the $40's per square foot per year. The Lincoln region is going through a decline in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 40% decline in rent.

Compared to the rest of the Silicon Valley market, the Lincoln submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Lincoln Listing Supply

In the last 90 days, 22 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 5% of the listings in the Lincoln 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.

Even though the median size is 8,090 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this region were built in 1999 and are Class A.

Lincoln Community

Public administration is the dominant industry in this area. Most of the residents of Lincoln work from home. Commuting more than an hour and a half 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 Lincoln.
Research