University Park - South Downtown Sublease

University Park - South Downtown

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
6,530
As of: August 19, 2017

University Park - South Downtown Rates

Most listings are in the $30's per square foot per year. The University Park - South Downtown region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decrease in rent.

University Park - South Downtown Listing Supply

In the last 90 days, 26 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 131% of the available leases in the University Park - South Downtown are subleases, so you might be able to snag a great spot on a short term. 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 6,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 5 stories. Most buildings in this region were built in 1956 and are Class A.

University Park - South Downtown Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst University Park - South Downtown residents. Commuting approximately an hour 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 University Park - South Downtown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in University Park - South Downtown.
Research