The typical asking rate per listing is in the $10's per square foot per year. The Brecon submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 13% decrease in rent.
In the last 90 days, 36 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Brecon are subleases, so you might be able to snag a great spot on a short term. 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 2,540 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 2000 and are Class A.
Real time and historical data on commercial real estate listings in Brecon.
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