On average, listings lease in the $10's per square foot per year. The Greater Homewood submarket is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 6 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Greater Homewood are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,610 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1996 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the occupants of Greater Homewood work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.