On average, listings lease in the $30's per square foot per year. The Historic District-North submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% rise in rent.
In the last 90 days, 11 listings have come on the market, which means listings might be 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.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1889 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Historic District-North folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.