On average, listings lease in the $10's per square foot per year. The Northeast Arcadia Lakes submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 29 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Northeast Arcadia Lakes are subleases, so you will probably have to consider a longer term lease. 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 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northeast Arcadia Lakes folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.