On average, listings lease in the $0's per square foot per year. The Mineola submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $44 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 5 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,220 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 7 stories. Most buildings in this area were built in 1971 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Mineola residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.