Old Hill Sublease

Old Hill

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
3,090
As of: February 26, 2017

Old Hill Rates

The typical asking rate per listing is in the $60's per square foot per year. The Old Hill region is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Fairfield market, the Old Hill submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Old Hill Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Old Hill 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 3,090 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1979 and are Class A.

Old Hill Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the residents of Old Hill work from home. Commuting close to an hour and a half 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 Old Hill.
Market Report

Market Data

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

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