The typical asking rate per listing is in the $10's per square foot per year. The Downtown Burlington submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
In the last 90 days, 122 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Downtown Burlington are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,330 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 0 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Downtown Burlington occupants. Commuting approximately 30 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 Downtown Burlington.
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