On average, listings lease in the $30's per square foot per year. The Boulevard Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 25% rise in rent.
In the last 90 days, 26 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Boulevard Park 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.
The standard measurement for office space in this area is around 2,320 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1979 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of Boulevard Park work from home. Commuting approximately 30 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 Boulevard Park.
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