Most listings are in the $10's per square foot per year. The Historic Midtown region is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 31% decline in rent.
In the last 90 days, 3 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 1971 and are Class B.
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 walking is the most popular way to get to work amongst Historic Midtown residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.