Covington Central Business District Retail

Covington Central Business District

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,010
As of: July 26, 2017

Covington Central Business District Rates

Most listings are in the $10's per square foot per year. The Covington Central Business District region is going through a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Covington Central Business District Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the listings in the Covington Central Business District 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,010 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this market were built in 1988 and are Class A.

Covington Central Business District Community

Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Covington Central Business District occupants. Commuting between 30 and 45 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 Covington Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Covington Central Business District.
Research