Oak Ridge Retail

Oak Ridge

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
92,370
As of: July 21, 2017

Oak Ridge Rates

The typical asking rate per listing is in the $10's per square foot per year. The Oak Ridge submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Oak Ridge Listing Supply

In the last 90 days, 3 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Oak Ridge are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 26,010 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1982 and are Class B.

Oak Ridge 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 area. Commute by public transit is the most popular way to get to work amongst Oak Ridge occupants. Commuting close to 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 Oak Ridge.
Market Report

Market Data

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

Oak Ridge Submarkets