Buffalo Grove Retail

Buffalo Grove

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,570
As of: June 22, 2017

Buffalo Grove Rates

The typical asking rate per listing is in the $10's per square foot per year. The Buffalo Grove region is experiencing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year.

Compared to the rest of the Chicagoland market, the Buffalo Grove region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Buffalo Grove Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 530% of the available space in the Buffalo Grove 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 3,470 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1989 and are Class A.

Buffalo Grove Community

Market Report

Trends and status of the commercial real estate market in Buffalo Grove.
Market Report

Market Data

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