On average, listings lease in the $10's per square foot per year. The Idlewild Park submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 19% decrease in rent.
In the last 90 days, 1 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1949 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Idlewild Park residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.