On average, listings lease in the $10's per square foot per year. The Collinsville region is seeing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 35% decline in rent.
In the last 90 days, 38 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Collinsville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,960 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1996 and are Class C.
Real time and historical data on commercial real estate listings in Collinsville.
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