The typical asking rate per listing is in the $20's per square foot per year. The Academy Acres North submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 31% decrease in rent.
In the last 90 days, 8 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 6,100 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this market were built in 0 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 area. Commute by motorcycle is the most popular way to get to work amongst Academy Acres North residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.