University Area Retail

University Area

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,190
As of: June 22, 2017

University Area Rates

The typical asking rate per listing is in the $20's per square foot per year. The University Area submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.

University Area Listing Supply

In the last 90 days, 0 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the University Area are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,190 sqft. Most buildings in this market were built in 1984 and are Class A.

University Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst University Area residents. Commuting close to 10 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 University Area.
Market Report

Market Data

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