Historic Cultural Industrial

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
10,000
As of: May 22, 2017

Historic Cultural Rates

On average, listings lease in the $20's per square foot per year. The Historic Cultural region is going through a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 40% decrease in rent.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1957 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Historic Cultural folk. Commuting approximately 20 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 Historic Cultural.
Market Report

Market Data

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