On average, listings lease in the $30's per square foot per year. The Downtown Reno region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 38 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Downtown Reno are subleases, so you will probably have to focus your search on direct office leases. 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 1,150 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1973 and are Class B.
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 region. Commute by public transit is the most popular way to get to work amongst Downtown Reno residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.