The typical asking rate per listing is in the $20's per square foot per year. The South St. Anthony submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 25 listings have come on the market, which means listings are probably leasing quickly. 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.
Even though the median size is 5,110 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1937 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst South St. Anthony folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.