On average, listings lease in the $20's per square foot per year. The Downtown Fort Wayne submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 40% increase in rent.
In the last 90 days, 250 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Downtown Fort Wayne are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,780 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1920 and are Class Class B.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Fort Wayne folk. Commuting between 20 and 25 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 Downtown Fort Wayne.
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