Historic Cultural Sublease

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Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
4,410
As of: February 19, 2017

Historic Cultural Rates

On average, listings lease in the $40's per square foot per year. The Historic Cultural submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 19% decrease in rent.

Historic Cultural Listing Supply

In the last 90 days, 28 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,850 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1957 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Historic Cultural residents. Commuting around 20 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 Historic Cultural.
Market Report

Market Data

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