Spenard Industrial

Spenard

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
3,810
As of: December 10, 2016

Spenard Rates

On average, listings lease in the $30's per square foot per year. The Spenard region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.

Spenard Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 3,810 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 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 market. Commute by car is the most popular way to get to work amongst Spenard occupants. 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