Orchard District Retail

Orchard District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
2,180
As of: December 10, 2016

Orchard District Rates

On average, listings lease in the $10's per square foot per year. The Orchard District submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 21% decrease in rent.

Orchard District Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,180 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1978 and are Class B.

Orchard District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Orchard District folk. 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 Orchard District.
Market Report

Market Data

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