South Portland Gardens Retail

South Portland Gardens

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
3,250
As of: February 26, 2017

South Portland Gardens Rates

On average, listings lease in the $10's per square foot per year. The South Portland Gardens region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

South Portland Gardens Listing Supply

In the last 90 days, 9 listings have come on the market, which means spaces are probably going fast. 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 3,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1981 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 area. Most of the residents of South Portland Gardens work from home. Commuting around 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