On average, listings lease in the $20's per square foot per year. The Arlington Heights submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Chicagoland market, the Arlington Heights region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,540 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1985 and are Class A.