The typical asking rate per listing is in the $10's per square foot per year. The Wheelock and Monterey region is going through a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the office spaces in the Wheelock and Monterey are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Wheelock and Monterey folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.