South Burlington North Retail

South Burlington North

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,330
As of: August 21, 2017

South Burlington North Rates

On average, listings lease in the $10's per square foot per year. The South Burlington North 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% decrease in rent.

South Burlington North Listing Supply

In the last 90 days, 17 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 47% of the available space in the South Burlington North are subleases, so you might be able to snag a great spot on a short term. 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 2,330 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.

South Burlington North 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 market. Commute by public transit is the most popular way to get to work amongst South Burlington North folk. Commuting close to 10 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 South Burlington North.
Market Report

Market Data

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