South Marshall Industrial

South Marshall

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,580
As of: June 27, 2017

South Marshall Rates

On average, listings lease in the $10's per square foot per year. The South Marshall region is seeing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

South Marshall Listing Supply

In the last 90 days, 8 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 63% of the listings in the South Marshall are subleases, so you might be able to find a shorter term or below market rent. 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 2,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1920 and are Class C.

South Marshall Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the occupants of South Marshall work from home. Commuting between 20 and 25 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 South Marshall.
Market Report

Market Data

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