On average, listings lease in the $0's per square foot per year. The West Algonquin submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 17,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West Algonquin residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.