Mid-City Retail

Mid-City

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$77
Median Size (sqft)
2,960
As of: June 22, 2017

Mid-City Rates

The typical asking rate per listing is in the $70's per square foot per year. The Mid-City region is going through a an increase in rates. In the last 3 months, the median rate increased $71 per sqft per year.

Mid-City Listing Supply

In the last 90 days, 28 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 89% of the available leases in the Mid-City are subleases, so you might be able to find a shorter term or below market rent. 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 2,960 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1972 and are Class A.

Mid-City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the occupants of Mid-City work from home. Commuting approximately 20 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 Mid-City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid-City.
Research