Portage Retail

Portage

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,650
As of: August 16, 2017

Portage Rates

Most listings are in the $20's per square foot per year. The Portage submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.

Portage Listing Supply

In the last 90 days, 11 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 64% of the office spaces in the Portage 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 4,650 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built in 1982 and are Class A.

Portage Community

Market Report

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

Market Data

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