Bismarck Retail

Bismarck

Office Space Market Report

Number of Listings (last 90 days)
379
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,100
As of: August 17, 2017

Bismarck Rates

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

Bismarck Listing Supply

In the last 90 days, 19 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 337% of the office spaces in the Bismarck are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,100 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1992 and are Class A.

Bismarck Community

Market Report

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

Market Data

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