Garden City Retail

Garden City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
5,000
As of: May 22, 2017

Garden City Rates

On average, listings lease in the $50's per square foot per year. The Garden City region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Garden City Listing Supply

In the last 90 days, 4 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Garden City 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1965 and are Class B.

Garden City Community

Market Report

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

Market Data

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

Garden City Submarkets