Old Town Retail

Old Town

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,560
As of: May 21, 2017

Old Town Rates

Most listings are in the $30's per square foot per year. The Old Town submarket is going through a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 37% rise in rent.

Old Town Listing Supply

In the last 90 days, 5 listings have been posted online, which means spaces might be 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 1982 and are Class C.

Old Town 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 area. Commute by walking is the most popular way to get to work amongst Old Town residents. Commuting close to 30 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 Old Town.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Town.
Research

Beaumont Submarkets