Caprock Retail

Caprock

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
190
As of: May 23, 2017

Caprock Rates

The typical asking rate per listing is in the $30's per square foot per year. The Caprock region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.

Caprock Listing Supply

In the last 90 days, 15 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the Caprock are subleases, so you will probably have to focus your search on direct office leases. 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 190 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1980 and are Class B.

Caprock 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 bike is the most popular way to get to work amongst Caprock folk. Commuting around 15 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 Caprock.
Market Report

Market Data

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