Colchester Town Office Space

Colchester Town

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,940
As of: July 26, 2017

Colchester Town Rates

On average, listings lease in the $20's per square foot per year. The Colchester Town submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Colchester Town Listing Supply

In the last 90 days, 15 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 60% of the listings in the Colchester Town 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 4,940 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1995 and are Class A.

Colchester Town Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Colchester Town residents. Commuting close to 15 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 Colchester Town.
Market Report

Market Data

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

Winooski Submarkets