The typical asking rate per listing is in the $10's per square foot per year. The Ferndale Place submarket is going through a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 0 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Ferndale Place are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 2004 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Ferndale Place residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.