The typical asking rate per listing is in the $20's per square foot per year. The Oak Ridge region is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% increase in rent.
In the last 90 days, 71 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available space in the Oak Ridge 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 9,230 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.
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 region. Commute by public transit is the most popular way to get to work amongst Oak Ridge folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Oak Ridge.
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