Lawrence Office Space

Lawrence

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
430
As of: July 22, 2017

Lawrence Rates

On average, listings lease in the $10's per square foot per year. The Lawrence submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decrease in rent.

Lawrence Listing Supply

In the last 90 days, 20 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the listings in the Lawrence 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 430 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1922 and are Class B.

Lawrence Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the residents of Lawrence work from home. Commuting approximately an hour and a half 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 Lawrence.
Market Report

Market Data

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

Lawrence Submarkets