On average, listings lease in the $0's per square foot per year. The Springlake-University Terrace submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Springlake-University Terrace 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.
The standard measurement for office space in this area is around sqft. Most properties in this region are approximately 1 stories. Most buildings in this area 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. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Springlake-University Terrace folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.