Westgate Retail

Westgate

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
2,910
As of: June 26, 2017

Westgate Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westgate submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Westgate Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces in the Westgate 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,910 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1997 and are Class B.

Westgate 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 region. Commute by walking is the most popular way to get to work amongst Westgate residents. Commuting approximately 20 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 Westgate.
Market Report

Market Data

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

Fargo Submarkets