On average, listings lease in the $20's per square foot per year. The Renown Medical Center region is going through a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 267% of the available space in the Renown Medical Center are subleases, so you might be able to snag a great spot on a short term. 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 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Renown Medical Center residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.