On average, listings lease in the $20's per square foot per year. The Arlington Heights submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Chicagoland market, the Arlington Heights region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1985 and are Class A.