Downtown Evansville Office Space

Downtown Evansville

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,090
As of: July 22, 2017

Downtown Evansville Rates

Most listings are in the $10's per square foot per year. The Downtown Evansville region is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 36% decrease in rent.

Downtown Evansville Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 80% of the available space in the Downtown Evansville 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.

Even though the median size is 21,080 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1912 and are Class A.

Downtown Evansville Community

This region is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Most of the occupants of Downtown Evansville work from home. Commuting close to 20 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 Evansville.
Market Report

Market Data

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