Summerville Office Space

Summerville

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,700
As of: August 21, 2017

Summerville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Summerville region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 14% decrease in rent.

Summerville Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 127% of the office spaces in the Summerville 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 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1989 and are Class A.

Summerville Community

Market Report

Trends and status of the commercial real estate market in Summerville.
Market Report

Market Data

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