Springlake-University Terrace Office Space

Springlake-University Terrace

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Springlake-University Terrace Rates

Most listings are in the $20's per square foot per year. The Springlake-University Terrace submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Springlake-University Terrace Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 0 and are Class Class B.

Springlake-University Terrace Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Springlake-University Terrace residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.