South Meadows Retail

South Meadows

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,410
As of: December 7, 2016

South Meadows Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Meadows submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

South Meadows Listing Supply

In the last 90 days, 17 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 12% of the available leases in the South Meadows 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 2,410 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 2002 and are Class A.

South Meadows Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the occupants of South Meadows work from home. Commuting approximately 30 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 South Meadows.
Market Report

Market Data

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