Hillcrest Sublease

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Hillcrest

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,400
As of: June 29, 2017

Hillcrest Rates

On average, listings lease in the $10's per square foot per year. The Hillcrest submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Hillcrest Listing Supply

In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Hillcrest are subleases, so you might be able to find a shorter term or below market rent. 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 1,400 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1999 and are Class B.

Hillcrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hillcrest folk. Commuting between 30 and 45 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 Hillcrest.
Market Report

Market Data

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