The typical asking rate per listing is in the $20's per square foot per year. The Lawrence submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% increase in rent.
In the last 90 days, 75 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the listings in the Lawrence are subleases, so you might be able to snag a great spot on a short term. 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 3,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1928 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Lawrence work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Lawrence.
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