Cumberland Mills Industrial

Cumberland Mills

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
800
As of: June 23, 2017

Cumberland Mills Rates

On average, listings lease in the $10's per square foot per year. The Cumberland Mills region is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Cumberland Mills Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Cumberland Mills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1917 and are Class B.

Cumberland Mills 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 public transit is the most popular way to get to work amongst Cumberland Mills occupants. 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 Cumberland Mills.
Market Report

Market Data

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

Westbrook Submarkets