On average, listings lease in the $0's per square foot per year. The Eastside submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $82 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 21 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the folk of Eastside work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.