Five Points Retail

Five Points

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,320
As of: March 11, 2017

Five Points Rates

Most listings are in the $30's per square foot per year. The Five Points submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 13% decrease in rent.

Five Points Listing Supply

In the last 90 days, 17 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,320 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1930 and are Class B.

Five Points Community

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

Market Data

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