On average, listings lease in the $10's per square foot per year. The Masten Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 46% decline in rent.
Compared to the rest of the Buffalo market, the Masten Park submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,650 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Masten Park occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.