On average, listings lease in the $10's per square foot per year. The Progress region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.
In the last 90 days, 7 listings have been listed, which means leases might be going fast. 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.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the occupants of Progress work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.