On average, listings lease in the $0's per square foot per year. The Northwest District submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $32 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 29,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this region were built in 1956 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the occupants of Northwest District work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.