The typical asking rate per listing is in the $30's per square foot per year. The Abbott Loop region is experiencing a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year.
In the last 90 days, 1 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 600% of the listings in the Abbott Loop are subleases, so you might be able to snag a great spot on a short term. 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 3,130 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 2004 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Abbott Loop residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.