Shelburne Commercial Real Estate

Shelburne

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
8,880

Shelburne Rates

On average, listings lease in the $10's per square foot per year. The Shelburne region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 30% decline in rent.

Shelburne Listing Supply

In the last 90 days, 35 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Shelburne 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.

Even though the median size is 8,880 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1978 and are Class B.

Shelburne Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the folk of Shelburne work from home. Commuting approximately 20 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 Shelburne.
Research