On average, listings lease in the $10's per square foot per year. The South Burlington submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 19 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 53% of the office spaces in the South Burlington 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.
The standard measurement for office space in this area is around 2,330 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1975 and are Class B.