On average, listings lease in the $20's per square foot per year. The Egypt Lake-Leto submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 11 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the listings in the Egypt Lake-Leto are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1975 and are Class B.