Moorings Commercial Real Estate

Moorings

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,950

Moorings Rates

On average, listings lease in the $20's per square foot per year. The Moorings region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decline in rent.

Moorings Listing Supply

In the last 90 days, 8 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Moorings are subleases, so you might be able to snag a great spot on a short term. 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 1,950 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1984 and are Class B.

Moorings Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Moorings occupants. Commuting between 30 and 45 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 Moorings.
Research