Bismarck Office Space

Bismarck

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
6,290
As of: June 23, 2017

Bismarck Rates

The typical asking rate per listing is in the $20's per square foot per year. The Bismarck region is experiencing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.

Bismarck Listing Supply

In the last 90 days, 19 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 132% of the available leases in the Bismarck 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.

The standard measurement for office space in this area is around 2,420 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1987 and are Class A.

Bismarck Community

Market Report

Trends and status of the commercial real estate market in Bismarck.
Market Report

Market Data

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

Bismarck Submarkets