The typical asking rate per listing is in the $20's per square foot per year. The Arts District region is seeing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 41% rise in rent.
In the last 90 days, 16 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,040 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 1900 and are Class B.
A large portion of this region 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 occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.