On average, listings lease in the $20's per square foot per year. The Naperville Office Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Chicagoland market, the Naperville Office Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Naperville Office Park 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.
Even though the median size is 4,770 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1980 and are Class A.
Public administration is the dominant industry in this market. Most of the folk of Naperville Office Park 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.