South Central Sublease

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South Central

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,620
As of: February 19, 2017

South Central Rates

On average, listings lease in the $10's per square foot per year. The South Central region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.

South Central Listing Supply

In the last 90 days, 9 listings have come on the market, which means new availabilities might be 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1987 and are Class A.

South 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 region. Most of the occupants of South Central work from home. 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 South Central.
Market Report

Market Data

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