On average, listings lease in the $20's per square foot per year. The Central Business District region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Cincinnati market, the Central Business District submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Central Business District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 6 floors. Most buildings in this market were built in 1927 and are Class A.
Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.