On average, listings lease in the $30's per square foot per year. The Summit submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decrease in rent.
In the last 90 days, 0 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Summit are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1978 and are Class B.