Utica Sublease

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Utica

Office Space Market Report

Number of Listings (last 90 days)
99
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
3,590
As of: August 22, 2017

Utica Rates

Most listings are in the $10's per square foot per year. The Utica region is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 12% increase in rent.

Utica Listing Supply

In the last 90 days, 10 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 180% of the available space in the Utica 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.

Even though the median size is 3,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1960 and are Class A.

Utica Community

Market Report

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

Market Data

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