On average, listings lease in the $0's per square foot per year. The The Canyon submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 4 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,140 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1985 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst The Canyon folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.