Allen Office Space

Allen

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
830
As of: August 22, 2017

Allen Rates

Most listings are in the $10's per square foot per year. The Allen region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Buffalo market, the Allen region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Allen Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Allen 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 830 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1915 and are Class B.

Allen Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the occupants of Allen work from home. 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 Allen.
Market Report

Market Data

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