Lincolnshire Sublease

Lincolnshire

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$285
Median Size (sqft)
2,060
As of: June 23, 2017

Lincolnshire Rates

The typical asking rate per listing is in the $280's per square foot per year. The Lincolnshire submarket is going through a an increase in rates. In the last 3 months, the median rate rose $285 per sqft per year.

Compared to the rest of the Chicagoland market, the Lincolnshire submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Lincolnshire Listing Supply

In the last 90 days, 5 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 160% of the available space in the Lincolnshire 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,470 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1991 and are Class A.

Lincolnshire Community

Market Report

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

Market Data

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