The typical asking rate per listing is in the $10's per square foot per year. The Lorain County region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 73 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the listings in the Lorain County 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 available, so finding a space for a small business might be tough.
Even though the median size is 20,560 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1996 and are Class B.
Real time and historical data on commercial real estate listings in Lorain County.
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