Strip District Retail

Strip District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
16,300
As of: December 2, 2016

Strip District Rates

The typical asking rate per listing is in the $30's per square foot per year. The Strip District submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Pittsburgh market, the Strip District submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Strip District Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 16,300 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1978 and are Class B.

Strip District Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Strip District folk. Commuting close to 20 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 Strip District.
Market Report

Market Data

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