South Portland Gardens Retail

South Portland Gardens

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
8,980
As of: June 23, 2017

South Portland Gardens Rates

Most listings are in the $10's per square foot per year. The South Portland Gardens region is experiencing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

South Portland Gardens Listing Supply

In the last 90 days, 9 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 111% of the available space in the South Portland Gardens 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.

Even though the median size is 8,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1977 and are Class A.

South Portland Gardens Community

A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Most of the residents of South Portland Gardens work from home. Commuting approximately an hour 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 South Portland Gardens.
Market Report

Market Data

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