The typical asking rate per listing is in the $10's per square foot per year. The South Bend region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
In the last 90 days, 432 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available leases in the South Bend are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,920 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1970 and are Class A.
Real time and historical data on commercial real estate listings in South Bend.
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