Norwood Office Space

Linden Pointe - 2 Spaces Norwood, Norwood, OH $9.33 per sqft operating expenses
Sep 05
2,090 - 9,490
sqft
Office
Central Parke II - Space Norwood, OH operating expenses $7.51
Sep 01
18,590
sqft
Office
The Renaissance Building - 3 Spaces Norwood, OH 5,000 sqft retail space
Jul 17
7,000
sqft
Office Retail

Norwood

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,000

Norwood Rates

On average, listings lease in the $10's per square foot per year. The Norwood submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 12% decrease in rent.

Norwood Listing Supply

In the last 90 days, 141 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the available leases in the Norwood are subleases, so you might be able to snag a great spot on a short term. 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1990 and are Class A.

Norwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Norwood residents. 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 Norwood.
Research