Downtown Burlington Retail

Downtown Burlington

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
4,510
As of: June 22, 2017

Downtown Burlington Rates

Most listings are in the $20's per square foot per year. The Downtown Burlington submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Downtown Burlington Listing Supply

In the last 90 days, 17 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 41% of the listings in the Downtown Burlington 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,510 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 0 and are Class A.

Downtown Burlington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Burlington occupants. 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 Downtown Burlington.
Market Report

Market Data

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