Sixth Ward Office Space

Sixth Ward

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Sixth Ward Rates

Most listings are in the $20's per square foot per year. The Sixth Ward submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% increase in rent.

Sixth Ward Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Sixth Ward are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,230 sqft. Most buildings in this area were built in 2005 and are Class A.

Sixth 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. Commute by car is the most popular way to get to work amongst Sixth Ward occupants. Commuting more than an hour and a half 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 Sixth Ward.
Market Report

Market Data

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