Second Ward Industrial

Second Ward

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,060
As of: December 2, 2016

Second Ward Rates

On average, listings lease in the $10's per square foot per year. The Second Ward region is going through a a boost in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 2% rise in rent.

Second Ward Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,300 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 floors.

Second Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Second Ward folk. 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 Second Ward.
Market Report

Market Data

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