Lake Ronkonkoma Retail

Lake Ronkonkoma

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,350
As of: December 2, 2016

Lake Ronkonkoma Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Ronkonkoma submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $116 per sqft per year. That's a 85% decline in rent.

Lake Ronkonkoma Listing Supply

In the last 90 days, 11 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this region are close to 2 floors.

Lake Ronkonkoma Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lake Ronkonkoma occupants. Commuting more than 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 Lake Ronkonkoma.
Market Report

Market Data

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

Lake Ronkonkoma Submarkets