On average, listings lease in the $0's per square foot per year. The Parker Lane submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $35 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been made available, which means spaces 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 available, 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 market are close to 4 stories. Most buildings in this area were built in 1986.
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 area. Commute by bike is the most popular way to get to work amongst Parker Lane folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.