Downtown Montgomery Office Space

Downtown Montgomery

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,890
As of: May 20, 2017

Downtown Montgomery Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Montgomery region is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.

Downtown Montgomery Listing Supply

In the last 90 days, 9 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,890 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1903 and are Class A.

Downtown Montgomery Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Montgomery residents. Commuting approximately 10 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 Downtown Montgomery.
Market Report

Market Data

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

Montgomery Submarkets