On average, listings lease in the $10's per square foot per year. The Cedarburg submarket is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 27% decline in rent.
In the last 90 days, 15 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Cedarburg 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,610 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Cedarburg.
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