On average, listings lease in the $30's per square foot per year. The Downtown Tallahassee region is going through a an increase in rates. In the last 3 months, the median rate went up $37 per sqft per year.
In the last 90 days, 1 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1983 and are Class A.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Downtown Tallahassee work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.