Downtown Burlington Office Space

Downtown Burlington

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
4,510
As of: June 26, 2017

Downtown Burlington Rates

On average, listings lease in the $10's per square foot per year. The Downtown Burlington region is going through a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Downtown Burlington Listing Supply

In the last 90 days, 17 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 35% of the available space in the Downtown Burlington 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 4,510 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 0 and are Class A.

Downtown Burlington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Burlington residents. Commuting around 30 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 Downtown Burlington.
Market Report

Market Data

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