Central Buffalo Retail

Central Buffalo

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
17,950
As of: June 24, 2017

Central Buffalo Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Buffalo submarket is going through a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Compared to the rest of the Buffalo market, the Central Buffalo submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central Buffalo Listing Supply

In the last 90 days, 28 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 261% of the available space in the Central Buffalo 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 17,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this area were built in 1959 and are Class A.

Central Buffalo Community

This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the folk of Central Buffalo work from home. Commuting approximately 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 Central Buffalo.
Market Report

Market Data

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