On average, listings lease in the $30's per square foot per year. The Garden City submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 2 listings have been made available, which means new availabilities might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,010 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1965 and are Class B.
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 region. Commute by car is the most popular way to get to work amongst Garden City residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.