Fairfield Beach Area Retail

Fairfield Beach Area

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,130
As of: August 16, 2017

Fairfield Beach Area Rates

Most listings are in the $40's per square foot per year. The Fairfield Beach Area submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 33% rise in rent.

Compared to the rest of the Fairfield market, the Fairfield Beach Area submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Fairfield Beach Area Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the available space in the Fairfield Beach Area 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 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 1,130 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1961 and are Class A.

Fairfield Beach Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Fairfield Beach Area folk. Commuting approximately 30 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 Fairfield Beach Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fairfield Beach Area.
Research