Buffalo Grove Sublease

Buffalo Grove

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,370
As of: August 18, 2017

Buffalo Grove Rates

On average, listings lease in the $20's per square foot per year. The Buffalo Grove region is experiencing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 46% increase in rent.

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 listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 70% of the office spaces in the Buffalo Grove 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,370 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market 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