Castle Creek Retail

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Castle Creek

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
1,030
As of: May 24, 2017

Castle Creek Rates

On average, listings lease in the $30's per square foot per year. The Castle Creek submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 18% increase in rent.

Castle Creek Listing Supply

In the last 90 days, 5 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Castle Creek are subleases, so you might be able to snag a great spot on a short term. 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 1,030 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 2006 and are Class A.

Castle Creek Community

Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Castle Creek folk. Commuting more than an hour and a half 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 Castle Creek.
Market Report

Market Data

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