Colchester Town Office Space

Colchester Town's Sub Markets

Colchester Town

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,000

Colchester Town Rates

On average, listings lease in the $10's per square foot per year. The Colchester Town region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 25% decline in rent.

Colchester Town 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 3% of the office spaces in the Colchester Town are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 1995 and are Class A.

Colchester Town Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Colchester Town residents. Commuting approximately 15 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 Colchester Town.
Research