The typical asking rate per listing is in the $10's per square foot per year. The Pleasant Valley submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 18% rise in rent.
In the last 90 days, 33 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Pleasant Valley are subleases, so you will probably have to consider a longer term 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 3,340 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Pleasant Valley occupants. Commuting close to 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 Pleasant Valley.
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