On average, listings lease in the $10's per square foot per year. The Woodmore - Dalewood submarket is seeing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 52% decrease in rent.
In the last 90 days, 14 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Woodmore - Dalewood are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 8,360 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1960 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 region. Commute by public transit is the most popular way to get to work amongst Woodmore - Dalewood occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.