On average, listings lease in the $20's per square foot per year. The Grandview Heights submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 22% increase in rent.
In the last 90 days, 8 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 88% of the office spaces in the Grandview Heights 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.
Even though the median size is 3,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1958 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Grandview Heights residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.