Most listings are in the $20's per square foot per year. The Downtown Reno region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 252 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Downtown Reno 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.
Even though the median size is 2,760 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1973 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Reno occupants. Commuting between 30 and 45 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 Reno.
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