Spenard Industrial

Spenard

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,810
As of: February 24, 2017

Spenard Rates

On average, listings lease in the $10's per square foot per year. The Spenard submarket is going through a decline in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 54% decline in rent.

Spenard Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities are probably 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,810 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this region were built in 1979 and are Class B.

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 area. Commute by car is the most popular way to get to work amongst Spenard residents. Commuting approximately 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