On average, listings lease in the $30's per square foot per year. The Lower Peters Canyon submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
In the last 90 days, 62 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available space in the Lower Peters Canyon are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 10,020 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Lower Peters Canyon folk. 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 Lower Peters Canyon.
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