On average, listings lease in the $30's per square foot per year. The River Road region is going through a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 74% rise in rent.
In the last 90 days, 2 listings have come on the market, which means new availabilities are probably 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 16,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 1997 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst River Road residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.