Metrocenter Office Space

Metrocenter

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
7,480
As of: December 8, 2016

Metrocenter Rates

The typical asking rate per listing is in the $10's per square foot per year. The Metrocenter region is going through a an increase in rates. In the last 3 months, the median rate went up $14 per sqft per year.

Metrocenter Listing Supply

In the last 90 days, 9 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Metrocenter are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 7,290 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this area were built in 1989 and are Class A.

Metrocenter Community

Wholesale trade is the dominant industry in this market. Most of the residents of Metrocenter work from home. Commuting close to 30 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 Metrocenter.
Market Report

Market Data

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