The typical asking rate per listing is in the $0's per square foot per year. The Automobile Alley submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been listed, which means new availabilities are probably going fast. 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 10,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this market were built in 1920 and are Class B.
Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Automobile Alley occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.