The typical asking rate per listing is in the $10's per square foot per year. The Westgate submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 3 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available space in the Westgate 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 2,910 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1997 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Westgate occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.