On average, listings lease in the $10's per square foot per year. The Central Lawrenceville submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Pittsburgh market, the Central Lawrenceville region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Central Lawrenceville 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Lawrenceville occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.