Most listings are in the $0's per square foot per year. The Park of Commerce submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 3 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 5,290 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1998 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Park of Commerce work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.