The typical asking rate per listing is in the $20's per square foot per year. The Cheesman Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 28% rise in rent.
In the last 90 days, 2 listings have been posted online, which means spaces 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,260 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1902 and are Class B.
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. Most of the occupants of Cheesman Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.