On average, listings lease in the $20's per square foot per year. The Lyndon submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 46% increase in rent.
In the last 90 days, 10 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Lyndon are subleases, so you might be able to snag a great spot on a short term. 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 1,860 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Lyndon residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.