The typical asking rate per listing is in the $30's per square foot per year. The Park Shore submarket is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 22% decline in rent.
In the last 90 days, 3 listings have been listed, which means leases might be 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 2,270 sqft. Most properties in this area are around 2 floors. Most buildings in this area 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. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Park Shore residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.