The typical asking rate per listing is in the $20's per square foot per year. The Northeast South Bend submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 45% rise in rent.
In the last 90 days, 8 listings have been listed, which means new listings most likley are 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.
The standard measurement for office space in this area is around 1,810 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northeast South Bend folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.