On average, listings lease in the $20's per square foot per year. The Italian Lake submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $27 per sqft per year.
In the last 90 days, 5 listings have been listed, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1921 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Italian Lake occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.