On average, listings lease in the $20's per square foot per year. The Park Shore region is seeing a decrease in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 55% decrease in rent.
In the last 90 days, 3 listings have been made available, which means office 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,810 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Park Shore folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.