On average, listings lease in the $10's per square foot per year. The Cheviot region is seeing a a rise in rates. In the last 3 months, the median rate rose $19 per sqft per year.
In the last 90 days, 31 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the Cheviot are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1941 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Cheviot occupants. Commuting close to 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 Cheviot.
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