Northwest Richfield Retail

Northwest Richfield

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,030
As of: July 21, 2017

Northwest Richfield Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Richfield region is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Northwest Richfield Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the listings in the Northwest Richfield 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 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1995 and are Class C.

Northwest Richfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northwest Richfield residents. Commuting between 20 and 25 minutes 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 Northwest Richfield.
Market Report

Market Data

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

Richfield Submarkets