South Side Retail

South Side

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,680

South Side Rates

On average, listings lease in the $20's per square foot per year. The South Side submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 31% increase in rent.

South Side Listing Supply

In the last 90 days, 24 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the South Side are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,680 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1948 and are Class C.

South Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Side occupants. Commuting close to an hour and a half 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 South Side.
Research