The typical asking rate per listing is in the $20's per square foot per year. The Shelard Park region is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 21% rise in rent.
In the last 90 days, 35 listings have come on the market, which means spaces most likley are leasing quickly. 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 185,220 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 10 floors. Most buildings in this area were built in 1980 and are Class B.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Shelard Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.