Springdale - Glenbrook - Belltown Office Space

Springdale - Glenbrook - Belltown

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$110
Median Size (sqft)
12,000
As of: March 12, 2017

Springdale - Glenbrook - Belltown Rates

On average, listings lease in the $110's per square foot per year. The Springdale - Glenbrook - Belltown region is seeing a an increase in rates. In the last 3 months, the median rate rose $85 per sqft per year. That's a 339% increase in rent.

Compared to the rest of the Fairfield market, the Springdale - Glenbrook - Belltown submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Springdale - Glenbrook - Belltown Listing Supply

In the last 90 days, 16 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 12,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 1975 and are Class B.

Springdale - Glenbrook - Belltown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Springdale - Glenbrook - Belltown residents. Commuting approximately 30 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 Springdale - Glenbrook - Belltown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Springdale - Glenbrook - Belltown.
Research