On average, listings lease in the $20's per square foot per year. The Naperville Office Park submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Chicagoland market, the Naperville Office Park submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 150% of the office spaces in the Naperville Office Park are subleases, so you might be able to find a shorter term or below market rent. 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 2,520 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1980 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of Naperville Office Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.