Franklin Park Office Space

Franklin Park

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,770
As of: December 3, 2016

Franklin Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Franklin Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year. That's a Inf% increase in rent.

Franklin Park Listing Supply

In the last 90 days, 7 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 2,770 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1979 and are Class B.

Franklin Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Franklin Park folk. Commuting close to an hour and a half 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 Franklin Park.
Market Report

Market Data

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