Most listings are in the $20's per square foot per year. The Grant Street region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Pittsburgh market, the Grant Street submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 24 listings have been posted online, which means new availabilities most likley are leasing quickly. 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 4,330 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 64 stories. Most buildings in this market were built in 1952 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Grant Street residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.