On average, listings lease in the $20's per square foot per year. The Cannonborough - Elliottborough submarket is going through a decline in rates. In the last 3 months, the median rate fell $79 per sqft per year. That's a 75% decline in rent.
In the last 90 days, 3 listings have been made available, which means new listings are probably 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 3,120 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the folk of Cannonborough - Elliottborough work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.