Northeast Salem Office Space

Northeast Salem

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Northeast Salem Rates

On average, listings lease in the $20's per square foot per year. The Northeast Salem region is experiencing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 32% rise in rent.

Northeast Salem Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1980.

Northeast Salem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeast Salem folk. Commuting close to an hour 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 Northeast Salem.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Salem.