South Valley Retail

South Valley

Office Space Market Report

Number of Listings (last 90 days)
328
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
3,870
As of: July 25, 2017

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 rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.

South Valley Listing Supply

In the last 90 days, 328 listings have come on the market, so you'll want to check back regularly for new listings. About 37% of the available leases in the South Valley 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,080 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1979 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 market. 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