Metro Center Industrial

Metro Center

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
7,000
As of: July 23, 2017

Metro Center Rates

Most listings are in the $20's per square foot per year. The Metro Center region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Metro Center Listing Supply

In the last 90 days, 24 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Metro Center are subleases, so you will probably have to focus your search on direct office leases. 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 7,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 1908 and are Class B.

Metro Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Metro Center residents. Commuting approximately an hour 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 Metro Center.
Market Report

Market Data

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