The typical asking rate per listing is in the $10's per square foot per year. The Monfort Heights submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year.
In the last 90 days, 2 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 330 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 2006 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Monfort Heights occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.