Port Malabar Retail

Port Malabar

Office Space Market Report

Number of Listings (last 90 days)
203
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,000
As of: August 17, 2017

Port Malabar Rates

Most listings are in the $10's per square foot per year. The Port Malabar region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.

Port Malabar Listing Supply

In the last 90 days, 4 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Port Malabar 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 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1997 and are Class A.

Port Malabar Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the folk of Port Malabar work from home. Commuting between 20 and 25 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 Port Malabar.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Port Malabar.
Research