On average, listings lease in the $20's per square foot per year. The Billings submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 345 listings have been posted online, so you'll want to check back regularly for new listings. About 22% of the office spaces in the Billings 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,750 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1978 and are Class A.
Real time and historical data on commercial real estate listings in Billings.
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