The typical asking rate per listing is in the $0's per square foot per year. The New Centre region is experiencing a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have come on the market, which means new availabilities most likley are leasing quickly. 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.
Even though the median size is 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst New Centre residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.