Spenard Sublease

Spenard

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,400
As of: August 20, 2017

Spenard Rates

On average, listings lease in the $10's per square foot per year. The Spenard region is going through a decrease in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 62% decrease in rent.

Spenard Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 500% of the listings in the Spenard 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1982 and are Class A.

Spenard 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 car is the most popular way to get to work amongst Spenard folk. Commuting approximately 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 Spenard.
Market Report

Market Data

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