South Burlington North Retail

South Burlington North

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,330
As of: July 19, 2017

South Burlington North Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Burlington North submarket is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.

South Burlington North Listing Supply

In the last 90 days, 17 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 106% of the available leases in the South Burlington North 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 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 2,150 sqft. Most buildings in this area are around 2 stories. Most buildings in this area 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 region. Commute by public transit is the most popular way to get to work amongst South Burlington North residents. Commuting approximately 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