Downtown Savannah Retail

Downtown Savannah

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
770
As of: June 26, 2017

Downtown Savannah Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Savannah region is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Downtown Savannah Listing Supply

In the last 90 days, 11 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the available space in the Downtown Savannah 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 770 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1905 and are Class A.

Downtown Savannah Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Savannah 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 Downtown Savannah.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Savannah.
Research