Oakwood - Hillcrest Office Space

Oakwood - Hillcrest

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
7,840
As of: July 23, 2017

Oakwood - Hillcrest Rates

The typical asking rate per listing is in the $10's per square foot per year. The Oakwood - Hillcrest submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Oakwood - Hillcrest Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Oakwood - Hillcrest are subleases, so you might be able to find a shorter term or below market rent. 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 7,840 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market were built in 1988 and are Class A.

Oakwood - Hillcrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Oakwood - Hillcrest folk. Commuting around 20 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 Oakwood - Hillcrest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oakwood - Hillcrest.
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Hickory Submarkets