Buffalo Commercial Real Estate

192 Seneca St - Space Perry, Buffalo, NY Onsite Parking.
Oct 16
3,410
sqft
Office Medical Retail Restaurant
336 S Elmwood Ave - Space Allen, Buffalo, NY  
Oct 11
1,500
sqft
Restaurant

Buffalo

Market Report

Number of Listings
Posted in the last 90 days
45
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,890

Buffalo Rates

On average, listings lease in the $20's per square foot per year. The Buffalo region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Buffalo market, the Buffalo submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Buffalo Listing Supply

In the last 90 days, 443 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Buffalo 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,900 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1937 and are Class A.

Buffalo Community

Market Data

Real time and historical data on commercial real estate listings in Buffalo.
Research