The typical asking rate per listing is in the $10's per square foot per year. The Patrick Henry submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 20% increase in rent.
In the last 90 days, 3 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,030 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1981 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 market. Commute by public transit is the most popular way to get to work amongst Patrick Henry residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.