The typical asking rate per listing is in the $20's per square foot per year. The University City region is going through a a boost in rates. In the last 3 months, the median rate rose $23 per sqft per year.
In the last 90 days, 35 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the University City are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1939 and are Class C.
Real time and historical data on commercial real estate listings in University City.
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