On average, listings lease in the $0's per square foot per year. The Lake Lorraine submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,420 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 1992 and are Class B.