Most listings are in the $20's per square foot per year. The Leonia region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 16% decrease in rent.
In the last 90 days, 7 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Leonia are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1920.
Real time and historical data on commercial real estate listings in Leonia.
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