Franklin Park Sublease

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Franklin Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$112
Median Size (sqft)
900
As of: July 24, 2017

Franklin Park Rates

Most listings are in the $110's per square foot per year. The Franklin Park region is seeing a an increase in rates. In the last 3 months, the median rate went up $90 per sqft per year. That's a 428% rise in rent.

Franklin Park Listing Supply

In the last 90 days, 3 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Franklin Park are subleases, so you might be able to snag a great spot on a short term. 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 900 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1980 and are Class B.

Franklin Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Franklin Park folk. Commuting close to an hour and a half 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 Franklin Park.
Market Report

Market Data

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