On average, listings lease in the $0's per square foot per year. The Magnolia Glen region is seeing a decrease in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 3 listings have been made available, which means office spaces most likley are 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.
The standard measurement for office space in this area is around sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1940 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Magnolia Glen work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.