Central Business District Commercial Real Estate

Central Business District

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,500

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Central Business District Listing Supply

In the last 90 days, 103 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1913 and are Class A.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Business District folk. 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 Central Business District.
Research