On average, listings lease in the $10's per square foot per year. The Hancock submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 9 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the folk of Hancock work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.