Metro Center Office Space

Metro Center

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
5,500
As of: May 19, 2017

Metro Center Rates

The typical asking rate per listing is in the $20's per square foot per year. The Metro Center region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.

Metro Center Listing Supply

In the last 90 days, 24 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 5,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1917 and are Class B.

Metro Center 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 region. Commute by bike is the most popular way to get to work amongst Metro Center residents. Commuting close to an hour 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 Metro Center.
Market Report

Market Data

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