Armory Square Retail

Armory Square

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,600
As of: July 19, 2017

Armory Square Rates

Most listings are in the $10's per square foot per year. The Armory Square region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 27% rise in rent.

Armory Square Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 450% of the listings in the Armory Square are subleases, so you might be able to snag a great spot on a short term. 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 market were built in 1930 and are Class B.

Armory Square Community

This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Armory Square folk. Commuting between 20 and 25 minutes 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 Armory Square.
Market Report

Market Data

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