Frankfort, IL Medical Office Space for Lease
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Frankfort, IL Medical Office Space Lease Rates & Market Statistics
Explore 4 Medical Office Space listings for lease in Frankfort, IL on Realmo, a commercial real estate exchange covering the Frankfort area. The current inventory totals 9,953 square feet of properties.
Medical Office Space lease rates in Frankfort range from $11 SF/Yr at the entry level to $11 SF/Yr at the top of the market, averaging $11 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11 SF/Yr is 50% below the Illinois state average of $22.08 SF/Yr.
Frankfort accounts for 11% of the 35 medical office space listings currently available across Will County, where nearby markets include Joliet and New Lenox. Medical Office Space is one of the more limited space types in Frankfort, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Office Units (14 listings) elsewhere in the Frankfort market.
