The typical asking rate per listing is in the $40's per square foot per year. The Lake Success submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 12% rise in rent.
In the last 90 days, 4 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Lake Success are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,620 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region were built in 1973 and are Class A.