On average, listings lease in the $0's per square foot per year. The South Park region is experiencing a decrease in rates. In the last 3 months, the median rate fell $40 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 34 listings have come on the market, which means office spaces 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 posted, 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 area are approximately 8 stories. Most buildings in this region were built in 1933 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Park residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.