The typical asking rate per listing is in the $10's per square foot per year. The Arts and Entertainment District region is seeing a a boost in rates. In the last 3 months, the median rate went up $15 per sqft per year.
In the last 90 days, 18 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 920 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1911 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Arts and Entertainment District work from home. Commuting close to an hour and a half 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 Arts and Entertainment District.
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