Most listings are in the $60's per square foot per year. The Glen Iris region is experiencing a a rise in rates. In the last 3 months, the median rate rose $46 per sqft per year. That's a 219% rise in rent.
In the last 90 days, 16 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 37,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Glen Iris occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.