The typical asking rate per listing is in the $0's per square foot per year. The Esther Short submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 9 listings have been posted online, which means new availabilities 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Esther Short occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.