On average, listings lease in the $20's per square foot per year. The Latham Park submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.
In the last 90 days, 6 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Latham Park 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.
Even though the median size is 2,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1964 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Latham Park residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.