Most listings are in the $20's per square foot per year. The Belknap Lookout submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Grand Rapids market, the Belknap Lookout region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,300 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1900 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 area. Most of the occupants of Belknap Lookout 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.