On average, listings lease in the $20's per square foot per year. The Mae Anne Avenue region is experiencing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.
In the last 90 days, 5 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Mae Anne Avenue are subleases, so you might be able to find a shorter term or below market rent. 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 2,800 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 1 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. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the occupants of Mae Anne Avenue work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.