On average, listings lease in the $20's per square foot per year. The Main Street Merchants region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
In the last 90 days, 12 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,910 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1936 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Main Street Merchants occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.