On average, listings lease in the $10's per square foot per year. The Elmwood Area region is going through a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 25 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most buildings in this market were built in 1959 and are Class B.
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 market. Most of the folk of Elmwood Area work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.