Garden City Sublease

Garden City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
5,000
As of: May 22, 2017

Garden City Rates

On average, listings lease in the $50's per square foot per year. The Garden City submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Garden City Listing Supply

In the last 90 days, 4 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Garden City 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1965 and are Class B.

Garden City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Garden City residents. Commuting around 20 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 Garden City.
Market Report

Market Data

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

Garden City Submarkets