Castle Creek Office Space

Castle Creek

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,150
As of: December 2, 2016

Castle Creek Rates

The typical asking rate per listing is in the $30's per square foot per year. The Castle Creek region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 4% decline in rent.

Castle Creek Listing Supply

In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Castle Creek 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.

Even though the median size is 3,150 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 2006 and are Class A.

Castle Creek Community

Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Castle Creek folk. 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 Castle Creek.
Market Report

Market Data

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