Mid City South Retail

Mid City South

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Mid City South Rates

The typical asking rate per listing is in the $10's per square foot per year. The Mid City South submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 15% rise in rent.

Mid City South Listing Supply

In the last 90 days, 39 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Mid City South 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 0 and are Class Class B.

Mid City South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Mid City South residents. Commuting under 5 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 Mid City South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid City South.