On average, listings lease in the $20's per square foot per year. The Fenton region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 17 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 118% of the available leases in the Fenton are subleases, so you might be able to snag a great spot on a short term. 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 36,090 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Fenton residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.