On average, listings lease in the $0's per square foot per year. The Waverly submarket is going through a decline in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 50,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 1969 and are Class A.