On average, listings lease in the $0's per square foot per year. The South Eola region is seeing a decline in rates. In the last 3 months, the median rate fell $35 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 6 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the South Eola are subleases, so you might be able to snag a great spot on a short term. 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 6,340 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 12 floors. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst South Eola folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.