Historic Cultural Sublease

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Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
4,880
As of: March 11, 2017

Historic Cultural Rates

On average, listings lease in the $30's per square foot per year. The Historic Cultural submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 29% decrease in rent.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,880 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1961 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 area. Commute by bike is the most popular way to get to work amongst Historic Cultural residents. Commuting close to 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