Buffalo Grove Sublease

Buffalo Grove

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,570
As of: June 28, 2017

Buffalo Grove Rates

On average, listings lease in the $10's per square foot per year. The Buffalo Grove submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Chicagoland market, the Buffalo Grove submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Buffalo Grove Listing Supply

In the last 90 days, 10 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 540% of the available space in the Buffalo Grove 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.

Even though the median size is 3,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1989 and are Class A.

Buffalo Grove Community

Market Report

Trends and status of the commercial real estate market in Buffalo Grove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Buffalo Grove.
Research