On average, listings lease in the $20's per square foot per year. The Morningside submarket is going through a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year.
In the last 90 days, 6 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,860 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 2007 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 area. Commute by motorcycle is the most popular way to get to work amongst Morningside occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.