On average, listings lease in the $20's per square foot per year. The Kenai region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 32 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the listings in the Kenai are subleases, so you might be able to find a shorter term or below market rent. 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 3,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market were built in 1993 and are Class A.
Real time and historical data on commercial real estate listings in Kenai.
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