On average, listings lease in the $10's per square foot per year. The Mid City South region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Mid City South are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,130 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 0 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Mid City South folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.