Douglas Office Space

Douglas

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
2,300
As of: January 22, 2017

Douglas Rates

The typical asking rate per listing is in the $40's per square foot per year. The Douglas region is experiencing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Gold Coast market, the Douglas submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Douglas Listing Supply

In the last 90 days, 20 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,300 sqft. Most buildings in this area are around 13 stories. Most buildings in this area were built in 1973 and are Class A.

Douglas Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Douglas folk. 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 Douglas.
Market Report

Market Data

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