The typical asking rate per listing is in the $20's per square foot per year. The Downtown Boise City submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 31 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 245% of the listings in the Downtown Boise City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,850 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1967 and are Class A.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Boise City residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.