The typical asking rate per listing is in the $10's per square foot per year. The Lettered Streets region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 1 listings have come on the market, which means leases are probably going fast. 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 1,730 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1970.
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 region. Commute by car is the most popular way to get to work amongst Lettered Streets folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.