Madeira Retail

Madeira

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,000
As of: July 27, 2017

Madeira Rates

On average, listings lease in the $20's per square foot per year. The Madeira submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 55% decrease in rent.

Madeira Listing Supply

In the last 90 days, 0 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Madeira 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.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 2004.

Madeira Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Madeira residents. Commuting under 5 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 Madeira.
Market Report

Market Data

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