The typical asking rate per listing is in the $10's per square foot per year. The Downtown Jackson region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 23% decrease in rent.
In the last 90 days, 6 listings have come on the market, which means spaces most likley are leasing quickly. 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 60,820 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this area were built in 1950 and are Class A.
Waste services is the dominant industry in this region. Most of the occupants of Downtown Jackson work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.