Southside Flats Sublease

Southside Flats

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,600
As of: February 24, 2017

Southside Flats Rates

The typical asking rate per listing is in the $20's per square foot per year. The Southside Flats submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Pittsburgh market, the Southside Flats submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Southside Flats Listing Supply

In the last 90 days, 16 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1970 and are Class B.

Southside Flats Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Southside Flats residents. 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 Southside Flats.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southside Flats.
Research