On average, listings lease in the $20's per square foot per year. The Lawrence submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 6 listings have been made available, which means spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 15,340 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1922 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of Lawrence work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.