On average, listings lease in the $30's per square foot per year. The Lyndon submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 10 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Lyndon are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,190 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lyndon residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.