On average, listings lease in the $30's per square foot per year. The Progress Point Condominiums submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 23% increase in rent.
In the last 90 days, 3 listings have been posted online, which means listings 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 1,350 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 2004 and are Class B.
Public administration is the dominant industry in this market. Most of the folk of Progress Point Condominiums work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.