On average, listings lease in the $0's per square foot per year. The Chestnut Heights, Princess Place & Princess Place Drive submarket is going through a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been posted online, 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1999 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. Most of the folk of Chestnut Heights, Princess Place & Princess Place Drive work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.