Most listings are in the $10's per square foot per year. The Sheldon Charter Oak region is experiencing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Hartford market, the Sheldon Charter Oak region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means leases are probably leasing quickly. 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 5,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 11 stories. Most buildings in this area were built in 1915.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Sheldon Charter Oak residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.