On average, listings lease in the $10's per square foot per year. The Dunes region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 10 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 80% of the available leases in the Dunes 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 4,360 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1983 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Dunes residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.