North Area Retail

North Area

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,820
As of: December 5, 2016

North Area Rates

On average, listings lease in the $20's per square foot per year. The North Area region is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a Inf% rise in rent.

North Area Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,820 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1969 and are Class B.

North Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Area residents. Commuting close to 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 North Area.
Market Report

Market Data

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