Wellington Heights Office Space

Wellington Heights

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,030
As of: August 17, 2017

Wellington Heights Rates

The typical asking rate per listing is in the $10's per square foot per year. The Wellington Heights submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Wellington Heights 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 16% of the office spaces in the Wellington Heights are subleases, so you might be able to find a shorter term or below market rent. 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 1,030 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1965 and are Class A.

Wellington Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the residents of Wellington Heights work from home. Commuting under 5 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 Wellington Heights.
Market Report

Market Data

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