Hoffman Estates Office 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)
6,550

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

Most commerial real estate listings for lease are in the $10's per square foot per year. The Hoffman Estates submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease increased $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 submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Hoffman Estates Listing Supply

In the last 90 days, 162 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Hoffman Estates 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 size for office space in this area is around 6,550 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built approximately 1992 and are Class A.

Hoffman Estates Community

Market Data

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