Centennial Retail

Centennial

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$93
Median Size (sqft)
6,300
As of: February 26, 2017

Centennial Rates

Most listings are in the $90's per square foot per year. The Centennial region is experiencing a an increase in rates. In the last 3 months, the median rate went up $93 per sqft per year.

Compared to the rest of the Silicon Valley market, the Centennial submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Centennial Listing Supply

In the last 90 days, 11 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,300 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1962 and are Class B.

Centennial Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Centennial 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 Centennial.
Market Report

Market Data

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