Find Arts District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Arts District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
The typical asking rate per commerial real estate listing leases is in the $50's per square foot per year. The Arts District region is seeing a a rise in rates. In the last 3 months, the median rate for lease increased $36 per sqft per year. That's a 150% rise in rent.
In the last 90 days, 102 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the commercial real estate listings in the Arts District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 37,170 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built close to 1959 and are Class .
A large portion of this area is residential, but there's plenty of office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Arts District residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Arts District.
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