On average, listings lease in the $50's per square foot per year. The Downtown Naperville region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Chicagoland market, the Downtown Naperville submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,250 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Naperville occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.