On average, listings lease in the $0's per square foot per year. The Westgate submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $66 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 7 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Westgate are subleases, so you might be able to find a shorter term or below market rent. 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 3,140 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 5 floors. Most buildings in this area were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Westgate folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.