Wheeling Retail

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Wheeling

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,970
As of: February 20, 2017

Wheeling Rates

The typical asking rate per listing is in the $20's per square foot per year. The Wheeling region is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 29% rise in rent.

Compared to the rest of the Chicagoland market, the Wheeling region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Wheeling Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces might be leasing quickly. 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 1,970 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1982 and are Class B.

Wheeling Community

Market Report

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

Market Data

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