On average, listings lease in the $10's per square foot per year. The Group Nine Industrial Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 19 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1990 and are Class B.
Public administration is the dominant industry in this market. Most of the residents of Group Nine Industrial Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.