Hancock Office Space

Hancock

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,800
As of: June 24, 2017

Hancock Rates

The typical asking rate per listing is in the $10's per square foot per year. The Hancock submarket is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Hancock Listing Supply

In the last 90 days, 9 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available leases in the Hancock are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1990 and are Class B.

Hancock Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the occupants of Hancock work from home. Commuting close to an hour and a half 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 Hancock.
Market Report

Market Data

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

Cape Coral Submarkets