Most listings are in the $30's per square foot per year. The Lower Peters Canyon submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 10 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Lower Peters Canyon 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 9,320 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Lower Peters Canyon folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.