Most listings are in the $20's per square foot per year. The University City submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.
In the last 90 days, 12 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the University City are subleases, so you might be able to find a shorter term or below market rent. 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 7,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1959 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of University City work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.