Addison Industrial

Addison

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
5,790
As of: March 13, 2017

Addison Rates

On average, listings lease in the $20's per square foot per year. The Addison region is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 20% increase in rent.

Compared to the rest of the Chicagoland market, the Addison region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Addison Listing Supply

In the last 90 days, 9 listings have been listed, which means leases might be leasing quickly. 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 5,790 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1985 and are Class B.

Addison Community

Market Report

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

Market Data

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