Park Ridge Sublease

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Park Ridge

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
32,660
As of: May 20, 2017

Park Ridge Rates

The typical asking rate per listing is in the $30's per square foot per year. The Park Ridge submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Park Ridge Listing Supply

In the last 90 days, 5 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 32,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1986 and are Class A.

Park Ridge Community

Market Report

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

Market Data

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