Most listings are in the $40's per square foot per year. The Upper Eastside region is seeing a an increase in rates. In the last 3 months, the median rate rose $46 per sqft per year.
Compared to the rest of the Gold Coast market, the Upper Eastside submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 600% of the available space in the Upper Eastside are subleases, so you might be able to find a shorter term or below market rent. 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 3,840 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Upper Eastside occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.