On average, listings lease in the $20's per square foot per year. The Central Business District submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 33% rise in rent.
In the last 90 days, 5 listings have been posted online, which means office spaces 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 2,070 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1913 and are Class Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Business District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.