The typical asking rate per listing is in the $0's per square foot per year. The South Eola submarket is going through a decrease in rates. In the last 3 months, the median rate fell $35 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 6 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the South Eola are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,340 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 12 stories. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst South Eola occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.