Fifth Ward Office Space

Fifth Ward

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,600
As of: January 19, 2017

Fifth Ward Rates

On average, listings lease in the $20's per square foot per year. The Fifth Ward region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% rise in rent.

Fifth Ward Listing Supply

In the last 90 days, 10 listings have been posted online, 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,590 sqft. Most buildings in this area are close to 3 floors.

Fifth Ward 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. Most of the folk of Fifth Ward work from home. Commuting approximately 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 Fifth Ward.
Market Report

Market Data

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