The typical asking rate per listing is in the $20's per square foot per year. The Arts District region is seeing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% rise in rent.
In the last 90 days, 15 listings have been listed, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,750 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1900 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Arts District folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.