Second Ward Office Space

Second Ward

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,450

Second Ward Rates

The typical asking rate per listing is in the $10's per square foot per year. The Second Ward submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 24% increase in rent.

Second Ward Listing Supply

In the last 90 days, 109 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Second Ward 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.

The standard measurement for office space in this area is around 1,450 sqft. Most properties in this region are close to 1 floors.

Second Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Second Ward occupants. Commuting between 30 and 45 minutes 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 Second Ward.
Research