On average, listings lease in the $20's per square foot per year. The Shelard Park region is going through a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
In the last 90 days, 35 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available leases in the Shelard Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 185,220 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 10 floors. Most buildings in this region were built in 1980 and are Class B.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Shelard Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.