Olivette Industrial

Olivette

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,570
As of: May 23, 2017

Olivette Rates

The typical asking rate per listing is in the $10's per square foot per year. The Olivette submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 17% decrease in rent.

Olivette Listing Supply

In the last 90 days, 3 listings have been made available, which means new availabilities most likley are 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,350 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1988 and are Class A.

Olivette Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Olivette folk. Commuting close to 20 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 Olivette.
Market Report

Market Data

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

Olivette Submarkets