Noelridge Park Office Space

Noelridge Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,090
As of: July 25, 2017

Noelridge Park Rates

On average, listings lease in the $10's per square foot per year. The Noelridge Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decline in rent.

Noelridge Park Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available leases in the Noelridge Park 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 6,090 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market were built in 1973 and are Class A.

Noelridge Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Noelridge Park occupants. 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 Noelridge Park.
Market Report

Market Data

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