On average, listings lease in the $10's per square foot per year. The St. Joseph County submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 725 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the listings in the St. Joseph County are subleases, so you will probably have to consider a longer term 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1978 and are Class A.
Real time and historical data on commercial real estate listings in St. Joseph County.
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