On average, listings lease in the $0's per square foot per year. The Magnolia Glen region is going through a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been made available, which means office spaces are probably 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 available, so finding a space for a small business might be tough.
Even though the median size is 12,270 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1940 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the folk of Magnolia Glen work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.