The typical asking rate per listing is in the $0's per square foot per year. The Hancock region is experiencing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 19 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,610 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1988 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of Hancock work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.