Rochester Sublease

Rochester

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
10,490
As of: June 27, 2017

Rochester Rates

The typical asking rate per listing is in the $10's per square foot per year. The Rochester submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Rochester market, the Rochester region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Rochester Listing Supply

In the last 90 days, 31 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 152% of the available leases in the Rochester 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.

Even though the median size is 10,490 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1945 and are Class B.

Rochester Community

Market Report

Trends and status of the commercial real estate market in Rochester.
Market Report

Market Data

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