Noelridge Park Commercial Real Estate

Noelridge Park

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,600

Noelridge Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Noelridge Park region is experiencing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 35% rise in rent.

Noelridge Park Listing Supply

In the last 90 days, 17 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the listings in the Noelridge Park 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 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 1,600 sqft. Most buildings in this market were built in 1979 and are Class A.

Noelridge Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Noelridge Park folk. Commuting approximately 30 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 Noelridge Park.
Research