On average, listings lease in the $30's per square foot per year. The Mount Vernon submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 22% decline in rent.
In the last 90 days, 56 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Mount Vernon are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,400 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1950 and are Class A.
Real time and historical data on commercial real estate listings in Mount Vernon.
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