Springlake-University Terrace Retail

Springlake-University Terrace

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,160
As of: February 27, 2017

Springlake-University Terrace Rates

Most listings are in the $20's per square foot per year. The Springlake-University Terrace submarket is going through a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.

Springlake-University Terrace Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,160 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 0 and are Class Class B.

Springlake-University Terrace 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 area. Commute by public transit is the most popular way to get to work amongst Springlake-University Terrace folk. Commuting more than an hour and a half 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 Springlake-University Terrace.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Springlake-University Terrace.
Research