The typical asking rate per listing is in the $20's per square foot per year. The Mayfield Heights submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 5 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Mayfield Heights are subleases, so you might be able to find a shorter term or below market rent. 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 4,380 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1998 and are Class A.