South Bend Office Space

511 W Colfax Ave - Space West Washington, South Bend, IN large interior rooms
Oct 02
3,490
sqft
Mixed Use Office Retail Restaurant

South Bend

Market Report

Number of Listings
Posted in the last 90 days
116
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,730

South Bend Rates

On average, listings lease in the $10's per square foot per year. The South Bend region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.

South Bend Listing Supply

In the last 90 days, 432 listings have been made available, so you'll want to check back regularly for new listings. About 21% of the available space in the South Bend are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,730 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1971 and are Class B.

South Bend Community

Market Data

Real time and historical data on commercial real estate listings in South Bend.
Research