On average, listings lease in the $10's per square foot per year. The Metrocenter region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 5 listings have been made available, which means listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 17,160 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this market were built in 1989 and are Class A.
Wholesale trade is the dominant industry in this region. Most of the residents of Metrocenter work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.