On average, listings lease in the $20's per square foot per year. The Arts District region is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 22% increase in rent.
In the last 90 days, 225 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Arts District are subleases, so you will probably have to focus your search on direct office leases. 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 950 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this market were built in 1900 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Arts District folk. Commuting under 5 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 Arts District.
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