Utica Office Space

Utica

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,800
As of: February 23, 2017

Utica Rates

On average, listings lease in the $0's per square foot per year. The Utica submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decrease in rent.

Utica Listing Supply

In the last 90 days, 12 listings have come on the market, which means new availabilities might be leasing quickly. 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 7,710 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1991 and are Class B.

Utica Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Most of the residents of Utica work from home. Commuting between 30 and 45 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 Utica.
Market Report

Market Data

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

Utica Submarkets