Fifth Ward Office Space

Fifth Ward

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,700

Fifth Ward Rates

The typical asking rate per listing is in the $20's per square foot per year. The Fifth Ward region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Fifth Ward Listing Supply

In the last 90 days, 87 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Fifth Ward 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 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1996 and are Class A.

Fifth Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the folk of Fifth Ward work from home. Commuting approximately an hour 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 Fifth Ward.
Research