Spenard Industrial

Spenard

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,690
As of: May 21, 2017

Spenard Rates

The typical asking rate per listing is in the $40's per square foot per year. The Spenard submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 30% rise in rent.

Spenard Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,690 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this market were built in 1983 and are Class A.

Spenard 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. Commute by car is the most popular way to get to work amongst Spenard folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Spenard.
Market Report

Market Data

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