Springfield Commercial Real Estate

156 S 20th St - 7 Spaces Springfield, OR 16 to 20 foot ceiling height
Aug 28
1,680
sqft
Industrial
2237 Main St - Unit B Springfield, OR 19 foot ceiling height
Aug 25
1,640
sqft
Retail
130 32nd Street - Space Springfield, OR HVAC
Apr 12
2,860
sqft
Office Retail
Springfield's Sub Markets

Springfield

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
5,010

Springfield Rates

On average, listings lease in the $20's per square foot per year. The Springfield submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 15% increase in rent.

Springfield Listing Supply

In the last 90 days, 61 listings have been posted online, so you'll want to check back regularly for new listings. About 15% of the available leases in the Springfield are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,010 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 2006 and are Class B.

Springfield Community

Market Data

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