Summit West Office Space

Summit West

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,780
As of: June 24, 2017

Summit West Rates

Most listings are in the $30's per square foot per year. The Summit West region is experiencing a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.

Summit West Listing Supply

In the last 90 days, 15 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 47% of the available leases in the Summit West 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,780 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 2005 and are Class A.

Summit West 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 market. Commute by bike is the most popular way to get to work amongst Summit West folk. 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 Summit West.
Market Report

Market Data

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