The typical asking rate per listing is in the $20's per square foot per year. The Lawrence submarket is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 14% rise in rent.
In the last 90 days, 75 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Lawrence are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,980 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1928 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the folk of Lawrence work from home. Commuting around 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 Lawrence.
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