The typical asking rate per listing is in the $10's per square foot per year. The Cedarburg region is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 27% decline in rent.
In the last 90 days, 15 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Cedarburg 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.
Even though the median size is 4,610 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Cedarburg.
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