Franklin Center Sublease

Franklin Center

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,420
As of: December 3, 2016

Franklin Center Rates

The typical asking rate per listing is in the $20's per square foot per year. The Franklin Center region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.

Franklin Center Listing Supply

In the last 90 days, 16 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Franklin Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1984 and are Class B.

Franklin Center Community

Market Report

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

Market Data

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