On average, listings lease in the $20's per square foot per year. The Shelard Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 32 listings have come on the market, which means listings are probably going fast. 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 3,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 10 stories. Most buildings in this area were built in 1980 and are Class B.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Shelard Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.