On average, listings lease in the $20's per square foot per year. The Highlands-Perkins submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 50% decrease in rent.
In the last 90 days, 14 listings have been listed, which means new availabilities 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 1,800 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 0 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Highlands-Perkins occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.