On average, listings lease in the $20's per square foot per year. The Kenwood submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 11 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 45% of the available leases in the Kenwood 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Kenwood occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.