On average, listings lease in the $10's per square foot per year. The Buffalo region is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Buffalo market, the Buffalo region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 74 listings have been listed, so you'll want to check back regularly for new listings. 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 8,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1940 and are Class A.