Most listings are in the $0's per square foot per year. The University South region is going through a decrease in rates. In the last 3 months, the median rate fell $91 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 9 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the listings in the University South are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,130 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1962 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the folk of University South work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.