On average, listings lease in the $30's per square foot per year. The Mercato submarket is going through a a boost in rates. In the last 3 months, the median rate rose $38 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 4 listings have been made available, which means office spaces 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.
Even though the median size is 2,690 sqft, there are still 0 leases below 2,000 sqft.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Mercato folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.