Summit West Retail

Summit West

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,780
As of: June 25, 2017

Summit West Rates

Most listings are in the $30's per square foot per year. The Summit West submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Summit West Listing Supply

In the last 90 days, 15 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Summit West 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,780 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 2005 and are Class A.

Summit West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Summit West occupants. Commuting between 30 and 45 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 Summit West.
Market Report

Market Data

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