The typical asking rate per listing is in the $10's per square foot per year. The Hiawatha region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 36 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the office spaces in the Hiawatha are subleases, so you might be able to snag a great spot on a short term. 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 2,400 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 2005.
Real time and historical data on commercial real estate listings in Hiawatha.
Get email notifications when new listings are posted that match your requirements.