On average, listings lease in the $30's per square foot per year. The Park Ridge region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 52 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the listings in the Park Ridge 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 posted, so finding a space for a small business might be tough.
Even though the median size is 14,950 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1986 and are Class C.
Real time and historical data on commercial real estate listings in Park Ridge.
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