Prospect Hill Retail

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Prospect Hill

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
810
As of: May 29, 2017

Prospect Hill Rates

The typical asking rate per listing is in the $10's per square foot per year. The Prospect Hill submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 23% increase in rent.

Prospect Hill Listing Supply

In the last 90 days, 0 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Prospect Hill 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 810 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1965 and are Class A.

Prospect Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the residents of Prospect Hill work from home. Commuting more than an hour and a half 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 Prospect Hill.
Market Report

Market Data

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