Southside Flats Retail

Southside Flats

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,300
As of: December 2, 2016

Southside Flats Rates

The typical asking rate per listing is in the $10's per square foot per year. The Southside Flats region is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 40% decrease in rent.

Compared to the rest of the Pittsburgh market, the Southside Flats submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Southside Flats Listing Supply

In the last 90 days, 12 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,300 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 2001 and are Class B.

Southside Flats Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Southside Flats 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 Southside Flats.
Market Report

Market Data

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