Most listings are in the $50's per square foot per year. The Mid-City region is experiencing a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 17% decrease in rent.
In the last 90 days, 248 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the available leases in the Mid-City 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the occupants of Mid-City work from home. Commuting close to 20 minutes 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 Mid-City.
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