Most listings are in the $20's per square foot per year. The Kilbourn Town region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Milwaukee market, the Kilbourn Town region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 25 listings have been listed, which means listings are probably 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,610 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this region were built in 1916 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Kilbourn Town folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.