On average, listings lease in the $20's per square foot per year. The South Buffalo submarket is going through a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.
Compared to the rest of the Buffalo market, the South Buffalo region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,550 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1992 and are Class A.
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 region. Commute by walking is the most popular way to get to work amongst South Buffalo folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.