North Park Retail

North Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,350
As of: June 22, 2017

North Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Park region is going through a a boost in rates. In the last 3 months, the median rate rose $23 per sqft per year.

North Park Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the North Park 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1971 and are Class B.

North Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst North Park occupants. Commuting under 5 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 North Park.
Market Report

Market Data

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