North Downtown Retail

North Downtown

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
5,540

North Downtown Rates

Most listings are in the $30's per square foot per year. The North Downtown submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 33% increase in rent.

North Downtown Listing Supply

In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available leases in the North Downtown 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 5,540 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 9 floors. Most buildings in this area were built in 1985 and are Class A.

North Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst North Downtown occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in North Downtown.
Research