Southgate Triangle Sublease

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Southgate Triangle

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,090
As of: June 28, 2017

Southgate Triangle Rates

Most listings are in the $10's per square foot per year. The Southgate Triangle submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year.

Southgate Triangle Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Southgate Triangle 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 3,090 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1971 and are Class C.

Southgate Triangle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the residents of Southgate Triangle work from home. Commuting under 5 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 Southgate Triangle.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southgate Triangle.
Research