On average, listings lease in the $0's per square foot per year. The Covington Central Business District submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Covington Central Business District are subleases, so you will probably have to focus your search on direct office leases. 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 sqft. Most buildings in this market are approximately 16 stories. Most buildings in this area were built in 1999 and are Class A.
Finance and insurance are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Covington Central Business District folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.