On average, listings lease in the $30's per square foot per year. The Geist Road submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $31 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 2 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 19,920 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Geist Road occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.