Lake Success Sublease

Lake Success

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Lake Success Rates

Most listings are in the $40's per square foot per year. The Lake Success submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 12% rise in rent.

Lake Success Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Lake Success are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,620 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1970 and are Class A.

Lake Success Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lake Success residents. Commuting approximately an hour 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 Lake Success.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Success.

Lake Success Submarkets