Investment Reality
As of 2024, Beit Shemesh office rents average ₪95–₪110 per m²/month. The ₪3K–₪5K range typically secures a 30–55 m² unit depending on location and building quality. Annual rental growth has averaged 4.2% since 2020, with demand skewed toward small professional offices (law, accounting, clinics).
Market Trends
2021
2022
2023
2024
Who Belongs Here
The tenant profile is dominated by small law firms, medical practitioners, accountants, and startups seeking affordable space within 30 minutes of Jerusalem. Religious institutions and NGOs also utilize these price brackets for administrative offices. Occupancy rates in Beit Shemesh remain strong at 92%.
Why Offices ₪3K-₪5K For Rent Beit Shemesh Wins
- Lower entry cost vs. Jerusalem (30–40% cheaper per m²).
- Stable demand from growing population exceeding 150,000 residents.
- Accessible via Highway 38 and new train station connecting to Tel Aviv and Jerusalem.
- Reasonable Arnona (municipal tax) at ~₪100–₪120/m² annually.
Reality Check
- Parking shortages in central Beit Shemesh areas like City Center.
- Limited premium Class A office inventory compared to major cities.
- Potential tenant turnover due to small-business volatility.
- Infrastructure development slower than Modiin or Jerusalem corridors.
Neighborhood Breakdown
Area | Price Range (₪/m²) | Unit Size Typical (m²) | Notes |
---|---|---|---|
City Center (Herzl St, Nahar Hayarden) | 100–115 | 25–40 | High visibility, parking challenges |
Ramat Beit Shemesh Alef | 90–105 | 35–55 | Strong local business demand |
Industrial Zone (Har Tuv) | 80–95 | 40–70 | Cheaper, more parking available |
Versus the Competition
City | Average Rent (₪/m²) | ROI Potential | Notes |
---|---|---|---|
Beit Shemesh | 95–110 | 4.5%–6% | Balanced affordability and demand |
Jerusalem | 140–180 | 3.5%–4.5% | Prestige, but high costs |
Modiin | 110–125 | 4%–5% | Newer supply, growing demand |
Frequently Asked Questions
The Bottom Line
Beit Shemesh offers a practical rental window at ₪3K–₪5K for small offices, balancing affordability with steady demand. While not a premium Class A market, it delivers consistent yields with relatively low vacancy risk. Infrastructure upgrades and population growth will likely support gradual rental appreciation in the coming years.
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