The typical asking rate per listing is in the $20's per square foot per year. The Renown Medical Center submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 2 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,740 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1982 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 region. Commute by bike is the most popular way to get to work amongst Renown Medical Center occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.