On average, listings lease in the $10's per square foot per year. The Carterville submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 43% decrease in rent.
In the last 90 days, 5 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this region were built in 2003 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Carterville folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.