Find Central Business District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Central Business District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Central Business District submarket is seeing a a boost in rates. In the last 3 months, the median rate for lease increased $6 per sqft per year. That's a 33% increase in rent.
In the last 90 days, 188 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Central Business District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,070 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built approximately 1947 and are Class B.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting around an hour 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 Central Business District.
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