Lake Morton Historic District Sublease

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Lake Morton Historic District

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,700
As of: July 24, 2017

Lake Morton Historic District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lake Morton Historic District region is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Lake Morton Historic District Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Lake Morton Historic District 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1954 and are Class B.

Lake Morton Historic District 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 car is the most popular way to get to work amongst Lake Morton Historic District occupants. 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 Lake Morton Historic District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Morton Historic District.
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