The typical asking rate per listing is in the $20's per square foot per year. The Century West region is going through a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 33% rise in rent.
In the last 90 days, 25 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 12% of the listings in the Century West are subleases, so you might be able to snag a great spot on a short term. 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 1,220 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 2004 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Century West folk. Commuting under 5 minutes 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 Century West.
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