Wells Avenue Neighborhood Office Space

Wells Avenue Neighborhood

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,210
As of: July 25, 2017

Wells Avenue Neighborhood Rates

On average, listings lease in the $10's per square foot per year. The Wells Avenue Neighborhood submarket is going through a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Wells Avenue Neighborhood Listing Supply

In the last 90 days, 0 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Wells Avenue Neighborhood 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 3,210 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1979 and are Class C.

Wells Avenue Neighborhood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Wells Avenue Neighborhood residents. Commuting under 5 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 Wells Avenue Neighborhood.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wells Avenue Neighborhood.
Research