The typical asking rate per listing is in the $20's per square foot per year. The University City region is going through a an increase in rates. In the last 3 months, the median rate increased $23 per sqft per year.
In the last 90 days, 12 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the University City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 7,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1959 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of University City work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.