On average, listings lease in the $20's per square foot per year. The Morningside region is seeing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 2 listings have been listed, which means new 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,900 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Morningside residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.