The typical asking rate per listing is in the $20's per square foot per year. The Billings region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 345 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Billings are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1978 and are Class A.
Real time and historical data on commercial real estate listings in Billings.
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