Hoffman Estates Retail

Hoffman Estates

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,420
As of: January 22, 2017

Hoffman Estates Rates

On average, listings lease in the $10's per square foot per year. The Hoffman Estates region is going through a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 42% decline in rent.

Compared to the rest of the Chicagoland market, the Hoffman Estates region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Hoffman Estates Listing Supply

In the last 90 days, 30 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,420 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1996 and are Class A.

Hoffman Estates Community

Market Report

Trends and status of the commercial real estate market in Hoffman Estates.
Market Report

Market Data

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

Hoffman Estates Submarkets