Sunnyland Office Space

Sunnyland

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,540
As of: December 2, 2016

Sunnyland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sunnyland submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 47% decrease in rent.

Sunnyland Listing Supply

In the last 90 days, 19 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Sunnyland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 2000 and are Class B.

Sunnyland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Sunnyland occupants. Commuting close to 10 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 Sunnyland.
Market Report

Market Data

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