Most listings are in the $40's per square foot per year. The Historic Cultural submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a 100% increase in rent.
In the last 90 days, 29 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 62% of the available space in the Historic Cultural are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1957 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Historic Cultural occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.