Covington Office Space

Covington

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,010
As of: July 23, 2017

Covington Rates

The typical asking rate per listing is in the $10's per square foot per year. The Covington submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Covington Listing Supply

In the last 90 days, 18 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Covington 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.

Even though the median size is 4,010 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1945 and are Class B.

Covington Community

Market Report

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

Market Data

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