On average, listings lease in the $10's per square foot per year. The Arbel region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 1 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most buildings in this area 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. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Arbel occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.