South Portland Gardens Office Space

South Portland Gardens

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,900

South Portland Gardens Rates

Most listings are in the $10's per square foot per year. The South Portland Gardens region is experiencing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 44% decrease in rent.

South Portland Gardens Listing Supply

In the last 90 days, 125 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the South Portland Gardens 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1977 and are Class A.

South Portland Gardens Community

A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Most of the residents of South Portland Gardens work from home. Commuting around an hour 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 Portland Gardens.
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