On average, listings lease in the $20's per square foot per year. The Heitmans submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 29% increase in rent.
In the last 90 days, 2 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,430 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area were built in 2000 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Heitmans folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.