Downtown Rock Island Office Space

Downtown Rock Island

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,760
As of: June 28, 2017

Downtown Rock Island Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Rock Island submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.

Downtown Rock Island Listing Supply

In the last 90 days, 7 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Downtown Rock Island 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,760 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1920 and are Class A.

Downtown Rock Island Community

A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Downtown Rock Island residents. Commuting between 30 and 45 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 Downtown Rock Island.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Rock Island.
Research