Downtown Elkhart Retail

Downtown Elkhart

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
270
As of: June 22, 2017

Downtown Elkhart Rates

On average, listings lease in the $10's per square foot per year. The Downtown Elkhart submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year.

Downtown Elkhart Listing Supply

In the last 90 days, 4 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Downtown Elkhart are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 270 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1915 and are Class B.

Downtown Elkhart Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Elkhart folk. 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 Downtown Elkhart.
Market Report

Market Data

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