On average, listings lease in the $20's per square foot per year. The Montgomery submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% increase in rent.
In the last 90 days, 2 listings have come on the market, which means new listings are probably 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.
Even though the median size is 6,550 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1996 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Montgomery residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.