Most listings are in the $30's per square foot per year. The Downtown Naperville submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Chicagoland market, the Downtown Naperville submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means new listings most likley are going fast. 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.
The standard measurement for office space in this area is around 1,660 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Naperville occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.