Palmer Park Office Space

Palmer Park

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,140
As of: February 23, 2017

Palmer Park Rates

On average, listings lease in the $10's per square foot per year. The Palmer Park submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Palmer Park Listing Supply

In the last 90 days, 21 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,070 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1979 and are Class B.

Palmer Park 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. Commute by car is the most popular way to get to work amongst Palmer Park residents. 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 Palmer Park.
Market Report

Market Data

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