Most listings are in the $110's per square foot per year. The Springdale - Glenbrook - Belltown submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $85 per sqft per year. That's a 339% increase in rent.
Compared to the rest of the Fairfield market, the Springdale - Glenbrook - Belltown region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 16 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 12,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Springdale - Glenbrook - Belltown residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.