On average, listings lease in the $30's per square foot per year. The Downtown Tallahassee submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $37 per sqft per year.
In the last 90 days, 1 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available space in the Downtown Tallahassee are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1983 and are Class A.
This area is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the residents of Downtown Tallahassee work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.