The typical asking rate per listing is in the $0's per square foot per year. The Hedwig Village submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been made available, which means leases 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 26,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Hedwig Village occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.