On average, listings lease in the $10's per square foot per year. The Patrick Henry submarket is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 3 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 267% of the office spaces in the Patrick Henry 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,070 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1980 and are Class C.
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 market. Commute by public transit is the most popular way to get to work amongst Patrick Henry residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.