The typical asking rate per listing is in the $0's per square foot per year. The Arbutus region is going through a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1965 and are Class C.