On average, listings lease in the $10's per square foot per year. The Cheviot submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year.
In the last 90 days, 7 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 43% of the office spaces in the Cheviot 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1921.
Real time and historical data on commercial real estate listings in Cheviot.
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