Palmer Park Retail

Palmer Park

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
700
As of: June 23, 2017

Palmer Park Rates

Most listings are in the $10's per square foot per year. The Palmer Park region is seeing a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Palmer Park Listing Supply

In the last 90 days, 24 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 63% of the office spaces in the Palmer Park 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 700 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1979 and are Class B.

Palmer Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Palmer Park occupants. 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 Palmer Park.
Market Report

Market Data

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