Old Town Sublease

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Old Town

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,560
As of: May 21, 2017

Old Town Rates

On average, listings lease in the $30's per square foot per year. The Old Town submarket is going through a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 37% rise in rent.

Old Town Listing Supply

In the last 90 days, 5 listings have been made available, which means leases are probably 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 2,560 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1982 and are Class C.

Old Town Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Old Town folk. Commuting approximately 30 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 Old Town.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Town.
Research

Beaumont Submarkets