Evansville East Side Retail

Evansville East Side

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,080
As of: December 10, 2016

Evansville East Side Rates

On average, listings lease in the $10's per square foot per year. The Evansville East Side submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.

Evansville East Side Listing Supply

In the last 90 days, 16 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Evansville East Side 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.

Even though the median size is 6,080 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1973 and are Class B.

Evansville East Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Evansville East Side folk. Commuting close to an hour 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 Evansville East Side.
Market Report

Market Data

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