The typical asking rate per listing is in the $20's per square foot per year. The University submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 67% rise in rent.
In the last 90 days, 1 listings have been posted online, 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,260 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the residents of University work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.