On average, listings lease in the $0's per square foot per year. The Govalle-Johnston Terrace submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 0 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Govalle-Johnston Terrace are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 2016 and are Class A.
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 car is the most popular way to get to work amongst Govalle-Johnston Terrace occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.