The typical asking rate per listing is in the $20's per square foot per year. The Downtown Savannah region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
In the last 90 days, 11 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 64% of the available space in the Downtown Savannah 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.
The standard measurement for office space in this area is around 770 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1905 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Savannah occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.