Downtown Montgomery Retail

Downtown Montgomery

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,410
As of: July 23, 2017

Downtown Montgomery Rates

On average, listings lease in the $20's per square foot per year. The Downtown Montgomery region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decrease in rent.

Downtown Montgomery Listing Supply

In the last 90 days, 9 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 333% of the listings in the Downtown Montgomery 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,410 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1903 and are Class A.

Downtown Montgomery Community

This market is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Montgomery folk. 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

Montgomery Submarkets