Springfield, IL Office Buildings for Lease
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Similar Spaces for Sale in Springfield, IL
Springfield, IL Office buildings Lease Rates & Market Statistics
Explore 5 Office buildings for lease in Springfield, IL on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 22,775 square feet of properties.
Asking lease rates for Office buildings in Springfield start at $22 SF/Yr, average $22 SF/Yr, and reach $22 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 $22 SF/Yr is 19% above the Illinois state average of $18.56 SF/Yr.
Springfield accounts for 56% of the 9 office buildings currently available across Sangamon County, where a nearby market includes Westchester. Office buildings make up 6% of the 84 Office Spaces currently for lease in Springfield, with asking rates averaging $22 SF/Yr — 50% above the citywide Office Spaces average of $14.65 SF/Yr. Also worth a look for tenants weighing alternatives: Office Units (77 listings) and Medical Office Space (6 listings) elsewhere in the Springfield market.
