Tudor Area Commercial Real Estate

Tudor Area

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,050

Tudor Area Rates

On average, listings lease in the $30's per square foot per year. The Tudor Area region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% increase in rent.

Tudor Area Listing Supply

In the last 90 days, 14 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Tudor Area 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,050 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1971.

Tudor Area 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 area. Most of the residents of Tudor Area work from home. Commuting more than 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 Tudor Area.
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