South Valley Sublease

South Valley

Office Space Market Report

Number of Listings (last 90 days)
328
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,760
As of: July 19, 2017

South Valley Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Valley submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.

South Valley Listing Supply

In the last 90 days, 328 listings have been listed, so you'll want to check back regularly for new listings. About 36% of the listings in the South Valley 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,010 sqft. Most buildings in this region are close to 3 floors. Most buildings in this area were built in 1979 and are Class A.

South Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Valley folk. Commuting between 30 and 45 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 Valley.
Market Report

Market Data

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