On average, listings lease in the $0's per square foot per year. The Northeast City submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $36 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Northeast City occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.