Southern Office Space

Southern

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,760
As of: January 22, 2017

Southern Rates

The typical asking rate per listing is in the $10's per square foot per year. The Southern submarket is seeing a decline in rates. In the last 3 months, the median rate fell $172 per sqft per year. That's a 90% decline in rent.

Southern Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,760 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1987.

Southern Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the folk of Southern work from home. Commuting close to 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 Southern.
Market Report

Market Data

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