On average, listings lease in the $50's per square foot per year. The Downtown Naperville region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Chicagoland market, the Downtown Naperville region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,250 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Naperville residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.