On average, listings lease in the $10's per square foot per year. The Civic Center submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% rise in rent.
In the last 90 days, 3 listings have come on the market, which means office spaces 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 7,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1929 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Civic Center residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.