Allen Sublease

Allen

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,350
As of: July 19, 2017

Allen Rates

Most listings are in the $10's per square foot per year. The Allen region 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% rise in rent.

Compared to the rest of the Buffalo market, the Allen region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Allen Listing Supply

In the last 90 days, 4 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Allen 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1915 and are Class B.

Allen Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Allen work from home. Commuting under 5 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 Allen.
Market Report

Market Data

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