East Bloomington Office Space

East Bloomington

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,740
As of: December 9, 2016

East Bloomington Rates

On average, listings lease in the $10's per square foot per year. The East Bloomington region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.

East Bloomington Listing Supply

In the last 90 days, 92 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the East Bloomington are subleases, so you will probably have to focus your search on direct office leases. 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 5,017 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1981 and are Class B.

East Bloomington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the occupants of East Bloomington work from home. 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 East Bloomington.
Market Report

Market Data

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