Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,750
As of: May 19, 2017

Central Business District Rates

Most listings are in the $10's per square foot per year. The Central Business District region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.

Central Business District Listing Supply

In the last 90 days, 18 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,750 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1926.

Central Business District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the residents of Central Business District work from home. 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 Central Business District.
Market Report

Market Data

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