On average, listings lease in the $10's per square foot per year. The West Markham region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 23 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the listings in the West Markham are subleases, so you will probably have to focus your search on direct office leases. 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 11,060 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1984 and are Class B.
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 region. Most of the residents of West Markham work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.