Downtown Evansville Retail

Downtown Evansville

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,230
As of: March 11, 2017

Downtown Evansville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Evansville region is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Downtown Evansville Listing Supply

In the last 90 days, 5 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Downtown Evansville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,230 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1910 and are Class A.

Downtown Evansville Community

This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this market. Most of the residents of Downtown Evansville 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 Evansville.
Market Report

Market Data

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