On average, listings lease in the $0's per square foot per year. The Park Glen submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 market are around 1 stories. Most buildings in this region were built in 2008 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of Park Glen 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.