Spring Tree Office Space

Spring Tree

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,280
As of: February 26, 2017

Spring Tree Rates

On average, listings lease in the $30's per square foot per year. The Spring Tree region is going through a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 33% increase in rent.

Compared to the rest of the Gold Coast market, the Spring Tree region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Spring Tree Listing Supply

In the last 90 days, 1 listings have been made available, which means spaces most likley are 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 1,280 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1983 and are Class B.

Spring Tree Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Spring Tree residents. Commuting between 20 and 25 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 Spring Tree.
Market Report

Market Data

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