On average, listings lease in the $10's per square foot per year. The E. E. Smith submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 2 listings have been posted online, which means listings might be 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.
The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1992 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 region. Commute by taxi is the most popular way to get to work amongst E. E. Smith residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.