The typical asking rate per listing is in the $10's per square foot per year. The East Bloomington submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 582 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the office spaces in the East Bloomington 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.
The standard measurement for office space in this area is around 2,030 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Most of the occupants of East Bloomington work from home. Commuting close to an hour 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 East Bloomington.
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