Covington Central Business District Sublease

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Covington Central Business District

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,010
As of: July 19, 2017

Covington Central Business District Rates

On average, listings lease in the $10's per square foot per year. The Covington Central Business District region is seeing a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Covington Central Business District Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3,500% of the office spaces in the Covington Central Business District 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 3,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 11 floors. Most buildings in this area were built in 1988 and are Class A.

Covington Central Business District Community

Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Covington Central Business District residents. Commuting between 30 and 45 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 Covington Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Covington Central Business District.
Research