The typical asking rate per listing is in the $20's per square foot per year. The South Meadows 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% decline in rent.
In the last 90 days, 17 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 12% of the available leases in the South Meadows 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.
The standard measurement for office space in this area is around 2,410 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the occupants of South Meadows work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.