On average, listings lease in the $10's per square foot per year. The Villas submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 37 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 27% of the office spaces in the Villas are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 990 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1994 and are Class A.