South Central Retail

South Central

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,620
As of: January 23, 2017

South Central Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Central submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.

South Central Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1987 and are Class A.

South Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the folk of South Central work from home. Commuting close to 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 South Central.
Market Report

Market Data

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