On average, listings lease in the $20's per square foot per year. The Downtown Akron region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 278 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available leases in the Downtown Akron 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1932 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Akron residents. 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 Akron.
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