Garden City Sublease

Garden City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,540
As of: July 22, 2017

Garden City Rates

On average, listings lease in the $30's per square foot per year. The Garden City submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 21% decrease in rent.

Garden City Listing Supply

In the last 90 days, 4 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 950% of the available space in the Garden City 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,540 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1969 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 folk. Commuting close to 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