On average, listings lease in the $10's per square foot per year. The Florence Park region is seeing a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year.
In the last 90 days, 2 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1986.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Florence Park folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.