On average, listings lease in the $10's per square foot per year. The Wellington Heights region is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 19 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 16% of the available leases in the Wellington Heights are subleases, so you might be able to find a shorter term or below market rent. 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 1,030 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the folk of Wellington Heights work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.