Downtown Springfield Retail

Downtown Springfield

Office Space Market Report

Number of Listings (last 90 days)
7
Median Size (sqft)
1,000
As of: July 22, 2017

Downtown Springfield Rates

Downtown Springfield Listing Supply

In the last 90 days, 7 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 57% of the listings in the Downtown Springfield are subleases, so you might be able to snag a great spot on a short term. 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 1,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1962 and are Class A.

Downtown Springfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Downtown Springfield work from home. Commuting approximately 20 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 Springfield.
Market Report

Market Data

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