Central Retail

Central

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,240
As of: May 21, 2017

Central Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 41% rise in rent.

Central Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,240 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1991 and are Class B.

Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the folk of Central work from home. Commuting close to 10 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 Central.
Market Report

Market Data

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

Johnston Submarkets