South Central Office Space

South Central

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,930
As of: June 26, 2017

South Central Rates

Most listings are in the $20's per square foot per year. The South Central region is seeing a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year.

South Central Listing Supply

In the last 90 days, 12 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the South Central 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,930 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1992 and are Class A.

South Central 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 area. Most of the residents of South Central work from home. Commuting approximately 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 South Central.
Market Report

Market Data

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