On average, listings lease in the $20's per square foot per year. The Parkway Plaza submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 7 listings have been made available, which means office spaces 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.
The standard measurement for office space in this area is around 750 sqft. Most buildings in this market were built in 1980 and are Class B.
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 walking is the most popular way to get to work amongst Parkway Plaza residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.