Ithaca Retail

Ithaca

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,600
As of: July 23, 2017

Ithaca Rates

On average, listings lease in the $30's per square foot per year. The Ithaca region is going through a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.

Ithaca Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 133% of the available leases in the Ithaca 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this area are around 12 stories. Most buildings in this market were built in 1978 and are Class A.

Ithaca Community

Market Report

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

Market Data

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

Tompkins County Submarkets