The typical asking rate per listing is in the $0's per square foot per year. The Franklinton submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 6 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 520 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1973 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the occupants of Franklinton work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.