The typical asking rate per listing is in the $20's per square foot per year. The Southwest submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% increase in rent.
In the last 90 days, 19 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 42% of the office spaces in the Southwest are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,540 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southwest occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.