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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The South Salt Creek region is seeing a a boost in rates. In the last 3 months, the median rate for lease rose $20 per sqft per year.
In the last 90 days, 17 commercial real estate listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available commercial real estate leases in the South Salt Creek are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 size for office space in this area is around 1,210 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built approximately 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst South Salt Creek occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in South Salt Creek.
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