Most listings are in the $20's per square foot per year. The Renown Medical Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $25 per sqft per year.
In the last 90 days, 2 listings have come on the market, which means leases might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Renown Medical Center occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.