City Central Sublease

City Central

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,410
As of: August 17, 2017

City Central Rates

On average, listings lease in the $20's per square foot per year. The City Central submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.

City Central Listing Supply

In the last 90 days, 18 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 106% of the listings in the City Central 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,410 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1973 and are Class B.

City Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of City Central work from home. Commuting between 20 and 25 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 City Central.
Market Report

Market Data

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