Mayfaire Sublease

Mayfaire

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,060
As of: March 12, 2017

Mayfaire Rates

Most listings are in the $30's per square foot per year. The Mayfaire submarket is going through a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 43% increase in rent.

Mayfaire Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Mayfaire 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 2006 and are Class A.

Mayfaire Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the occupants of Mayfaire work from home. Commuting between 20 and 25 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 Mayfaire.
Market Report

Market Data

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