Hobart Retail

Hobart

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,310
As of: August 18, 2017

Hobart Rates

Most listings are in the $10's per square foot per year. The Hobart submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Chicagoland market, the Hobart region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Hobart Listing Supply

In the last 90 days, 4 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 125% of the listings in the Hobart are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 1972 and are Class B.

Hobart Community

Market Report

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

Market Data

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