The typical asking rate per listing is in the $10's per square foot per year. The West Utica submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 4 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. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,140 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1975 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst West Utica occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.