Second Ward Sublease

Second Ward

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,060
As of: December 5, 2016

Second Ward Rates

The typical asking rate per listing is in the $10's per square foot per year. The Second Ward submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 12% decline in rent.

Second Ward Listing Supply

In the last 90 days, 4 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 1 stories.

Second Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Second Ward occupants. 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 Second Ward.
Market Report

Market Data

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