The typical asking rate per listing is in the $0's per square foot per year. The Arts District submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 15 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this area are around 4 floors. Most buildings in this region 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 region. 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.