New Center Commercial Real Estate

New Center

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,710

New Center Rates

Most listings are in the $10's per square foot per year. The New Center region is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

New Center Listing Supply

In the last 90 days, 10 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 1988 and are Class B.

New Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst New Center 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 New Center.
Research