On average, listings lease in the $10's per square foot per year. The Near Northeast submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 10 listings have been listed, which means office spaces are probably 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,710 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region 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. Finance and insurance are the dominant industries in this region. Most of the residents of Near Northeast work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.