Most listings are in the $0's per square foot per year. The Central City East region is experiencing a decline in rates. In the last 3 months, the median rate decreased $26 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been listed, which means listings might be 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.
Even though the median size is 9,840 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the folk of Central City East work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.