The typical asking rate per listing is in the $20's per square foot per year. The Summit - University submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.
In the last 90 days, 4 listings have come on the market, which means new availabilities 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 1,240 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1925.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Summit - University residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.