North Side Office Space

North Side

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
940
As of: June 23, 2017

North Side Rates

The typical asking rate per listing is in the $40's per square foot per year. The North Side submarket is going through a an increase in rates. In the last 3 months, the median rate increased $46 per sqft per year.

North Side Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the North Side are subleases, so you might be able to snag a great spot on a short term. 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 940 sqft. Most properties in this area are approximately 5 stories. Most buildings in this area were built in 1945 and are Class A.

North Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst North Side occupants. 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 North Side.
Market Report

Market Data

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

Mount Vernon Submarkets