The typical asking rate per listing is in the $20's per square foot per year. The North Square submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Cincinnati market, the North Square submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the North Square are subleases, so you might be able to snag a great spot on a short term. 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 4,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 12 stories. Most buildings in this market were built in 1955.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of North Square work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.