Kennebunk Sublease

Kennebunk

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
4,660
As of: August 16, 2017

Kennebunk Rates

The typical asking rate per listing is in the $10's per square foot per year. The Kennebunk submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 8% decline in rent.

Kennebunk Listing Supply

In the last 90 days, 9 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 44% of the office spaces in the Kennebunk 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.

Even though the median size is 4,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1890 and are Class A.

Kennebunk Community

Market Report

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

Market Data

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