On average, listings lease in the $10's per square foot per year. The Northeast South Bend region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 32% decrease in rent.
In the last 90 days, 1 listings have been posted online, which means listings most likley are 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 880 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1948 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northeast South Bend folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.