West Salem Office Space

West Salem

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

West Salem Rates

Most listings are in the $10's per square foot per year. The West Salem submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

West Salem Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 13,240 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 stories.

West Salem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst West Salem occupants. 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 West Salem.
Market Report

Market Data

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