Shenandoah Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Shenandoah Rates

On average, listings lease in the $20's per square foot per year. The Shenandoah region is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 12% increase in rent.

Shenandoah Listing Supply

In the last 90 days, 35 listings have been made available, which means leases are probably 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.

The standard measurement for office space in this area is around 1,870 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 0 and are Class B.

Shenandoah Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of Shenandoah work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Shenandoah Submarkets