Mid City South Office Space

Mid City South

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,000
As of: December 7, 2016

Mid City South Rates

On average, listings lease in the $20's per square foot per year. The Mid City South submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% increase in rent.

Mid City South Listing Supply

In the last 90 days, 34 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the available space in the Mid City South 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 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 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 0 and are Class Class B.

Mid City South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Mid City South occupants. Commuting under 5 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 Mid City South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid City South.
Research