The typical asking rate per listing is in the $20's per square foot per year. The Olivette region is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 46% rise in rent.
In the last 90 days, 3 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 333% of the listings in the Olivette are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Olivette occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.