Billings Sublease

Billings

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,500
As of: January 22, 2017

Billings Rates

On average, listings lease in the $10's per square foot per year. The Billings submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Billings Listing Supply

In the last 90 days, 38 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Billings are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1984 and are Class A.

Billings Community

Market Report

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

Market Data

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