South Valley Retail

South Valley

Office Space Market Report

Number of Listings (last 90 days)
340
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,210
As of: December 10, 2016

South Valley Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Valley region is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.

South Valley Listing Supply

In the last 90 days, 340 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available space in the South Valley are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,210 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1980 and are Class A.

South Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Valley residents. Commuting between 30 and 45 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 South Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Valley.
Research