South Bend Office Space

South Bend

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

South Bend Rates

On average, listings lease in the $10's per square foot per year. The South Bend region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

South Bend Listing Supply

In the last 90 days, 33 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. About 3% of the office spaces in the South Bend are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,500 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1971 and are Class B.

South Bend Community

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in South Bend.