Most listings are in the $20's per square foot per year. The North Downtown submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 43% rise in rent.
In the last 90 days, 4 listings have been listed, which means new listings 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.
Even though the median size is 3,230 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 16 stories. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Downtown residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.