On average, listings lease in the $20's per square foot per year. The Hugo submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 3 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 2008.