On average, listings lease in the $20's per square foot per year. The North Area region is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 2 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,820 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Area residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.