The typical asking rate per listing is in the $10's per square foot per year. The Wauwatosa submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 29% decrease in rent.
Compared to the rest of the Milwaukee County market, the Wauwatosa region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 200 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Wauwatosa are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1975 and are Class B.
Real time and historical data on commercial real estate listings in Wauwatosa.
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