On average, listings lease in the $10's per square foot per year. The Picadome region is experiencing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 1 listings have been posted online, which means office spaces might be leasing quickly. 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.
Even though the median size is 2,920 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Picadome folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.