Most listings are in the $0's per square foot per year. The Payne - Phalen submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been listed, which means 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 posted, 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 around 1 stories. Most buildings in this region were built in 1957 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Payne - Phalen residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.