The typical asking rate per listing is in the $10's per square foot per year. The Park Hill submarket is going through a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year.
In the last 90 days, 14 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 21% of the listings in the Park Hill 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1963 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the occupants of Park Hill work from home. Commuting around an hour 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 Park Hill.
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