The typical asking rate per listing is in the $0's per square foot per year. The Neartown - Montrose region is seeing a decline in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 9 listings have been listed, which means spaces might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1978 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Neartown - Montrose folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.