South Portland Retail

South Portland

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,280
As of: June 25, 2017

South Portland Rates

On average, listings lease in the $10's per square foot per year. The South Portland submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.

South Portland Listing Supply

In the last 90 days, 17 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the South Portland are subleases, so you might be able to find a shorter term or below market rent. 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 4,280 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1974 and are Class A.

South Portland Community

Market Report

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

Market Data

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