Most listings are in the $10's per square foot per year. The Prospect Hill submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 37% decline in rent.
In the last 90 days, 0 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Prospect Hill are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 650 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area 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. Real estate is the dominant industry in this region. Most of the residents of Prospect Hill 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.