The typical asking rate per listing is in the $20's per square foot per year. The Central Avenue submarket is going through a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 54% rise in rent.
In the last 90 days, 11 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,280 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 20 stories. Most buildings in this market were built in 1923.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central Avenue residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.