On average, listings lease in the $30's per square foot per year. The Historic Cultural region is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 17% decrease in rent.
In the last 90 days, 219 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the listings in the Historic Cultural 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 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1959 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Historic Cultural folk. Commuting around 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 Historic Cultural.
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