Central Business District Commercial Real Estate For Lease

Central Business District

Market Report

Number of Listings For Lease
Posted in the last 90 days
25
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,610

Central Business District Commercial Real Estate

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.

Central Business District Rates

Most commerial real estate listings for lease are in the $10's per square foot per year. The Central Business District submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease rose $3 per sqft per year. That's a 21% rise in rent.

Central Business District Listing Supply

In the last 90 days, 103 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. 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 2,610 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built close to 1916 and are Class A.

Central Business District Community

This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Business District 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 Central Business District.
Research