Historic Cultural Office Space

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
219
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
6,000
As of: August 17, 2017

Historic Cultural Rates

The typical asking rate per listing is in the $40's per square foot per year. The Historic Cultural region is seeing a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 100% rise in rent.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 62% of the office spaces in the Historic Cultural 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1957 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Historic Cultural residents. Commuting close to 20 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 Historic Cultural.
Market Report

Market Data

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