Downtown Rock Island Retail

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Downtown Rock Island

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown Rock Island Rates

Most listings are in the $10's per square foot per year. The Downtown Rock Island submarket is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% increase in rent.

Downtown Rock Island Listing Supply

In the last 90 days, 17 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Downtown Rock Island are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 900 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1870 and are Class B.

Downtown Rock Island Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Downtown Rock Island residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.