North Downtown Commercial Real Estate For Lease

North Downtown

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Size (sqft)
13,460

North Downtown Commercial Real Estate

Find North Downtown 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 North Downtown commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

North Downtown Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The North Downtown submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease went up $29 per sqft per year.

North Downtown Listing Supply

In the last 90 days, 87 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the North Downtown are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,950 sqft. Most buildings in this area are around 12 floors. Most buildings in this market were built close to 1927 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. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Downtown folk. Commuting approximately 20 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