Sangamon County Office Space

3040 Hamlin Pkwy - Unit A/C Springfield, IL formerly owned by a church
Sep 15
15,950
sqft
Office Retail Industrial Other

Sangamon County

Market Report

Number of Listings
Posted in the last 90 days
39
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,000

Sangamon County Rates

Most listings are in the $10's per square foot per year. The Sangamon County submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.

Sangamon County Listing Supply

In the last 90 days, 328 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Sangamon County are subleases, so you might be able to find a shorter term or below market rent. 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 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1989 and are Class A.

Sangamon County Community

Market Data

Real time and historical data on commercial real estate listings in Sangamon County.
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