South Side Retail

South Side

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
620
As of: June 22, 2017

South Side Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Side submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $19 per sqft per year.

South Side Listing Supply

In the last 90 days, 11 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 27% of the office spaces in the South Side are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 620 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 2000.

South Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst South Side residents. Commuting approximately 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 Side.
Market Report

Market Data

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