Madisonville Office Space

Madisonville

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,200
As of: December 5, 2016

Madisonville Rates

On average, listings lease in the $10's per square foot per year. The Madisonville submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Cincinnati market, the Madisonville submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Madisonville Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Madisonville 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 2006 and are Class B.

Madisonville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Madisonville 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 Madisonville.
Market Report

Market Data

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