The typical asking rate per listing is in the $20's per square foot per year. The West University region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 18% increase in rent.
In the last 90 days, 1 listings have come on the market, which means spaces most likley are 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 5,300 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1910 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the residents of West University work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.