On average, listings lease in the $30's per square foot per year. The Highland submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 33% increase in rent.
In the last 90 days, 3 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this market were built in 1964 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 region. Commute by car is the most popular way to get to work amongst Highland residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.