Most listings are in the $30's per square foot per year. The East Central region is experiencing a decrease in rates. In the last 3 months, the median rate fell $70 per sqft per year. That's a 70% decrease in rent.
In the last 90 days, 34 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the East Central 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.
Even though the median size is 5,880 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst East Central residents. 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 East Central.
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