Most listings are in the $0's per square foot per year. The Park of Commerce submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. 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 5,290 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1998 and are Class A.
Public administration is the dominant industry in this area. Most of the residents of Park of Commerce work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.