The typical asking rate per listing is in the $10's per square foot per year. The Hancock region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 30% decline in rent.
In the last 90 days, 9 listings have come on the market, which means listings are probably 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 posted, 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 floors. 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 occupants of Hancock work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.