East Central Office Space

East Central

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
3,930
As of: June 22, 2017

East Central Rates

The typical asking rate per listing is in the $50's per square foot per year. The East Central submarket is going through a an increase in rates. In the last 3 months, the median rate rose $50 per sqft per year.

East Central Listing Supply

In the last 90 days, 7 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the East 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,930 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1981 and are Class B.

East Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst East Central folk. Commuting close to 20 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 East Central.
Market Report

Market Data

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