The typical asking rate per listing is in the $30's per square foot per year. The Progress Point Condominiums region is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 23% rise in rent.
In the last 90 days, 3 listings have been listed, which means new listings are probably 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 2004 and are Class B.
Public administration is the dominant industry in this market. Most of the occupants of Progress Point Condominiums work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.