On average, listings lease in the $10's per square foot per year. The West Utica submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 4 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 7,140 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1975 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst West Utica occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.