Downtown Utica Sublease

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Downtown Utica

Office Space Market Report

Number of Listings (last 90 days)
2
Median Size (sqft)
19,890
As of: March 30, 2017

Downtown Utica Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Utica submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decline in rent.

Downtown Utica Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 19,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1960 and are Class A.

Downtown Utica 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 area. Commute by car is the most popular way to get to work amongst Downtown Utica folk. Commuting under 5 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 Downtown Utica.
Market Report

Market Data

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

Utica Submarkets