Murray Retail

Murray

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,040
As of: January 18, 2017

Murray Rates

The typical asking rate per listing is in the $10's per square foot per year. The Murray submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.

Murray Listing Supply

In the last 90 days, 29 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 10% of the listings in the Murray are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,290 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1990 and are Class B.

Murray Community

Market Report

Trends and status of the commercial real estate market in Murray.
Market Report

Market Data

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