On average, listings lease in the $10's per square foot per year. The Villa Grove submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 10% rise in rent.
In the last 90 days, 1 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,780 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this region were built in 1975 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Villa Grove occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.