Provincetowne Sublease

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Provincetowne

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,660
As of: June 26, 2017

Provincetowne Rates

The typical asking rate per listing is in the $30's per square foot per year. The Provincetowne region is experiencing a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Compared to the rest of the Metrolina market, the Provincetowne submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Provincetowne Listing Supply

In the last 90 days, 1 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Provincetowne are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,660 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 2007 and are Class A.

Provincetowne Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Provincetowne residents. Commuting approximately an hour 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 Provincetowne.
Market Report

Market Data

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