Oak Ridge Office Space

Oak Ridge

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
26,010
As of: June 24, 2017

Oak Ridge Rates

The typical asking rate per listing is in the $10's per square foot per year. The Oak Ridge submarket is going through a an increase in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Oak Ridge Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the office spaces in the Oak Ridge 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 posted, so finding a space for a small business might be tough.

Even though the median size is 26,010 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1982 and are Class B.

Oak Ridge 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 market. Commute by public transit is the most popular way to get to work amongst Oak Ridge folk. Commuting around 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 Oak Ridge.
Market Report

Market Data

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

Oak Ridge Submarkets