Second Ward Industrial

Second Ward

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,300
As of: June 25, 2017

Second Ward Rates

On average, listings lease in the $10's per square foot per year. The Second Ward submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Second Ward Listing Supply

In the last 90 days, 6 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 267% of the available space in the Second Ward 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 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 1,300 sqft. Most properties in this market are around 1 stories.

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 region. Commute by motorcycle is the most popular way to get to work amongst Second Ward residents. 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