Downtown Akron Office Space

Downtown Akron

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
2,500
As of: June 24, 2017

Downtown Akron Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Akron submarket is going through a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.

Downtown Akron Listing Supply

In the last 90 days, 8 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available space in the Downtown Akron 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1930 and are Class B.

Downtown Akron Community

A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Akron residents. Commuting between 30 and 45 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 Downtown Akron.
Market Report

Market Data

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