The typical asking rate per listing is in the $10's per square foot per year. The Glenmore submarket is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 9 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the Glenmore 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 540 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1996 and are Class A.
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 market. Commute by car is the most popular way to get to work amongst Glenmore residents. 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 Glenmore.
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