Bismarck Industrial

Bismarck

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,100
As of: May 19, 2017

Bismarck Rates

On average, listings lease in the $20's per square foot per year. The Bismarck region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.

Bismarck Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Bismarck are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,100 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1987 and are Class A.

Bismarck Community

Market Report

Trends and status of the commercial real estate market in Bismarck.
Market Report

Market Data

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

Bismarck Submarkets