Northeast Salem Sublease

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Northeast Salem

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Northeast Salem Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Salem region is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 32% rise in rent.

Northeast Salem Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 1,800 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1980.

Northeast Salem 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 region. Commute by public transit is the most popular way to get to work amongst Northeast Salem folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.