Downtown Bloomington Office Space

Downtown Bloomington

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,050
As of: December 4, 2016

Downtown Bloomington Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Bloomington submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% increase in rent.

Downtown Bloomington Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,250 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1950 and are Class Class B.

Downtown Bloomington 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 market. Commute by public transit is the most popular way to get to work amongst Downtown Bloomington occupants. Commuting approximately 15 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 Bloomington.
Market Report

Market Data

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