Franklin Industrial

Franklin

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,170
As of: August 18, 2017

Franklin Rates

On average, listings lease in the $20's per square foot per year. The Franklin submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $23 per sqft per year.

Compared to the rest of the Milwaukee County market, the Franklin region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Franklin Listing Supply

In the last 90 days, 3 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available space in the Franklin 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 2,170 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 2004 and are Class A.

Franklin Community

Market Report

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

Market Data

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