Champaign Office Space

Champaign

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,200
As of: June 27, 2017

Champaign Rates

Most listings are in the $10's per square foot per year. The Champaign submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Champaign Listing Supply

In the last 90 days, 40 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 48% of the listings in the Champaign 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1988 and are Class A.

Champaign Community

Market Report

Trends and status of the commercial real estate market in Champaign.
Market Report

Market Data

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