Most listings are in the $20's per square foot per year. The Olivette submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 46% increase in rent.
In the last 90 days, 35 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Olivette 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 2,120 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Olivette folk. Commuting around 20 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 Olivette.
Get email notifications when new listings are posted that match your requirements.