Most listings are in the $10's per square foot per year. The Sheldon Charter Oak submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Hartford market, the Sheldon Charter Oak region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Sheldon Charter Oak are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 11 stories. Most buildings in this area were built in 1915.
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 car is the most popular way to get to work amongst Sheldon Charter Oak occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.