The typical asking rate per listing is in the $0's per square foot per year. The Highlands Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $23 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 most likley are going fast. 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.
Even though the median size is 55,750 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 2003 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Highlands Park folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.