Lower Peters Canyon Sublease

Lower Peters Canyon

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,000
As of: June 24, 2017

Lower Peters Canyon Rates

The typical asking rate per listing is in the $30's per square foot per year. The Lower Peters Canyon region is seeing a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year.

Lower Peters Canyon Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Lower Peters Canyon 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 2006 and are Class B.

Lower Peters Canyon Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Lower Peters Canyon occupants. Commuting close to an hour 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 Lower Peters Canyon.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower Peters Canyon.
Research