Summit - University Office Space

Summit - University

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
5,150
As of: March 1, 2017

Summit - University Rates

On average, listings lease in the $20's per square foot per year. The Summit - University submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $28 per sqft per year.

Summit - University Listing Supply

In the last 90 days, 5 listings have been listed, which means office spaces are probably 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 5,150 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1925.

Summit - University Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Summit - University folk. Commuting around 10 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 Summit - University.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Summit - University.
Research