Southeast Springfield Sublease

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Southeast Springfield

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,590
As of: March 1, 2017

Southeast Springfield Rates

On average, listings lease in the $20's per square foot per year. The Southeast Springfield region is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 26% increase in rent.

Southeast Springfield Listing Supply

In the last 90 days, 5 listings have been listed, which means spaces might be 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 2,590 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1987 and are Class A.

Southeast Springfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Southeast Springfield work from home. 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 Southeast Springfield.
Market Report

Market Data

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