Hoffman Estates, IL Flex Space for Lease
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Hoffman Estates, IL Flex space Lease Rates & Market Statistics
Explore 32 Flex space listings for lease in Hoffman Estates, IL on Realmo, a commercial real estate exchange covering the Hoffman Estates area. The current inventory totals 1,796,510 square feet of properties — an average of ~56,150 SF per listing.
Asking lease rates for Flex space in Hoffman Estates start at $8 SF/Yr, average $12.88 SF/Yr, and reach $17.40 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12.88 SF/Yr is 16% below the Illinois state average of $15.26 SF/Yr.
Flex space listings make up 52% of the 62 Industrial properties currently for lease in Hoffman Estates, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Distribution centers (12 listings) and Manufacturing properties (11 listings) elsewhere in the Hoffman Estates market.