Most listings are in the $40's per square foot per year. The Spenard submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $41 per sqft per year.
In the last 90 days, 1 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 1,100% of the listings in the Spenard 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 1982 and are Class A.
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 market. Commute by car is the most popular way to get to work amongst Spenard residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.