South Meadows Sublease

South Meadows

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,410
As of: December 5, 2016

South Meadows Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Meadows region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

South Meadows Listing Supply

In the last 90 days, 16 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the South Meadows are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,410 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 2002 and are Class A.

South Meadows 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. Most of the folk of South Meadows work from home. Commuting close to 30 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 South Meadows.
Market Report

Market Data

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