On average, listings lease in the $20's per square foot per year. The Downtown Reno submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,740 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Reno folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.