South Crichton Office Space

South Crichton

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,450
As of: August 17, 2017

South Crichton Rates

On average, listings lease in the $20's per square foot per year. The South Crichton region is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 16% rise in rent.

South Crichton Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 160% of the available leases in the South Crichton 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 2,450 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1989 and are Class B.

South Crichton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst South Crichton folk. Commuting between 30 and 45 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 Crichton.
Market Report

Market Data

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