The typical asking rate per listing is in the $20's per square foot per year. The Morningside submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
In the last 90 days, 6 listings have been posted online, 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,860 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 2007 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 area. Commute by motorcycle is the most popular way to get to work amongst Morningside residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.