On average, listings lease in the $20's per square foot per year. The Strip District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $29 per sqft per year.
Compared to the rest of the Pittsburgh market, the Strip District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 6 listings have come on the market, which means spaces are probably 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 12,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1978 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Strip District residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.