Bridgeport Sublease

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Bridgeport

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,400
As of: June 23, 2017

Bridgeport Rates

The typical asking rate per listing is in the $10's per square foot per year. The Bridgeport submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.

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

Bridgeport Listing Supply

In the last 90 days, 3 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Bridgeport 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1915 and are Class A.

Bridgeport Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bridgeport folk. Commuting around 30 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 Bridgeport.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bridgeport.
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