Kipling Plains Office Space

Kipling Plains

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,430

Kipling Plains Rates

Most listings are in the $10's per square foot per year. The Kipling Plains submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 8% increase in rent.

Kipling Plains Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available space in the Kipling Plains 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,430 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1972 and are Class C.

Kipling Plains Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Kipling Plains occupants. Commuting around 10 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 Kipling Plains.
Research