Elmwood Area Industrial

Elmwood Area

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,020
As of: June 23, 2017

Elmwood Area Rates

On average, listings lease in the $20's per square foot per year. The Elmwood Area region is experiencing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Elmwood Area Listing Supply

In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 30% of the listings in the Elmwood Area 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,020 sqft. Most buildings in this market were built in 1981 and are Class B.

Elmwood Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Elmwood Area work from home. Commuting close to 15 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 Elmwood Area.
Market Report

Market Data

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