New Hope Retail

New Hope

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,830
As of: March 12, 2017

New Hope Rates

The typical asking rate per listing is in the $10's per square foot per year. The New Hope region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

New Hope Listing Supply

In the last 90 days, 22 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the New Hope are subleases, so you will probably have to consider a longer term lease. 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 2,830 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1980 and are Class B.

New Hope Community

Market Report

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

Market Data

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