The typical asking rate per listing is in the $40's per square foot per year. The Red Lion submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $47 per sqft per year.
In the last 90 days, 3 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 233% of the office spaces in the Red Lion 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 23,970 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 2007 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the residents of Red Lion work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.