The typical asking rate per listing is in the $10's per square foot per year. The Lake Morton Historic District submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Lake Morton Historic District are subleases, so you might be able to sign a shorter term by taking over a previous 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 3,700 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1946 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Lake Morton Historic District residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.