Hempstead Retail

Hempstead

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
700
As of: June 22, 2017

Hempstead Rates

Most listings are in the $30's per square foot per year. The Hempstead submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $36 per sqft per year.

Hempstead Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Hempstead 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 700 sqft. Most properties in this region are close to 4 stories. Most buildings in this market were built in 1960 and are Class B.

Hempstead Community

Market Report

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

Market Data

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

Hempstead Submarkets