The typical asking rate per listing is in the $20's per square foot per year. The Paseo Nuevo region is going through a a boost in rates. In the last 3 months, the median rate went up $30 per sqft per year.
In the last 90 days, 10 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,450 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this area were built in 2008 and are Class A.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Paseo Nuevo folk. Commuting between 20 and 25 minutes 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 Paseo Nuevo.
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