Central Business District Sublease

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Central Business District

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,230
As of: June 27, 2017

Central Business District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Business District submarket is going through a a boost in rates. In the last 3 months, the median rate went up $18 per sqft per year.

Central Business District Listing Supply

In the last 90 days, 18 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Central Business District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 1926.

Central Business District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the occupants of Central Business District work from home. Commuting around an hour 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 Central Business District.
Market Report

Market Data

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