Glen Iris Retail

Glen Iris

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,430
As of: July 19, 2017

Glen Iris Rates

Most listings are in the $10's per square foot per year. The Glen Iris submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $52 per sqft per year. That's a 77% decline in rent.

Glen Iris Listing Supply

In the last 90 days, 16 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 31% of the listings in the Glen Iris 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.

Even though the median size is 3,430 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1982 and are Class B.

Glen Iris Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Glen Iris occupants. Commuting more than an hour and a half 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 Glen Iris.
Market Report

Market Data

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