The typical asking rate per listing is in the $20's per square foot per year. The Renown Medical Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.
In the last 90 days, 6 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the listings in the Renown Medical Center are subleases, so you might be able to snag a great spot on a short term. 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 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Renown Medical Center residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.