The typical asking rate per listing is in the $20's per square foot per year. The Southside Village submarket is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 27% decrease in rent.
In the last 90 days, 1 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.
The standard measurement for office space in this area is around 1,140 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1963 and are Class A.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Southside Village folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.