Most listings are in the $10's per square foot per year. The Fort Smith Southside region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 18 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Fort Smith Southside are subleases, so you might be able to find a shorter term or below market rent. 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 2,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1988 and are Class B.
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 market. Commute by taxi is the most popular way to get to work amongst Fort Smith Southside occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.