University Area Retail Space

University Area

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,190

University Area Rates

Most listings are in the $30's per square foot per year. The University Area region is experiencing a an increase in rates. In the last 3 months, the median rate went up $37 per sqft per year.

University Area Listing Supply

In the last 90 days, 24 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,190 sqft. Most buildings in this market are close to 4 stories. Most buildings in this area were built in 1981 and are Class A.

University Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst University Area residents. Commuting approximately 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 University Area.
Research