On average, listings lease in the $0's per square foot per year. The Downtown Lubbock region is going through a decrease in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 920 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1958 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Downtown Lubbock occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.