On average, listings lease in the $0's per square foot per year. The University Park submarket is seeing 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, 0 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the University Park are subleases, so you will probably have to consider a longer term lease. 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 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1994 and are Class B.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst University Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.