Downtown Montgomery Retail

Downtown Montgomery

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,160
As of: January 17, 2017

Downtown Montgomery Rates

Most listings are in the $20's per square foot per year. The Downtown Montgomery submarket is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 38% rise in rent.

Downtown Montgomery Listing Supply

In the last 90 days, 9 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Downtown Montgomery 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.

The standard measurement for office space in this area is around 1,160 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1903 and are Class A.

Downtown Montgomery Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Montgomery occupants. Commuting around 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 Downtown Montgomery.
Market Report

Market Data

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