The typical asking rate per listing is in the $20's per square foot per year. The Northwest Meridian submarket is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.
In the last 90 days, 4 listings have been listed, which means 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1990 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Northwest Meridian folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.