Salisbury Retail

Salisbury

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
860
As of: July 27, 2017

Salisbury Rates

The typical asking rate per listing is in the $10's per square foot per year. The Salisbury region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decrease in rent.

Salisbury Listing Supply

In the last 90 days, 38 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 61% of the available leases in the Salisbury 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 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 950 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1986 and are Class B.

Salisbury Community

Market Report

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

Market Data

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

Wicomico County Submarkets