On average, listings lease in the $20's per square foot per year. The Morningside submarket is going through a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 50% increase in rent.
In the last 90 days, 9 listings have been listed, which means office spaces most likley are 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.
The standard measurement for office space in this area is around 1,880 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Morningside occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.