Five Points Industrial

Five Points

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
3,550
As of: June 27, 2017

Five Points Rates

Most listings are in the $30's per square foot per year. The Five Points submarket is going through a an increase in rates. In the last 3 months, the median rate went up $37 per sqft per year.

Five Points Listing Supply

In the last 90 days, 17 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 124% of the available space in the Five Points are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,550 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1933 and are Class B.

Five Points Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Five Points residents. Commuting between 30 and 45 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 Five Points.
Market Report

Market Data

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