On average, listings lease in the $10's per square foot per year. The Sheldon Charter Oak submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Hartford market, the Sheldon Charter Oak submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 0 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the office spaces in the Sheldon Charter Oak are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 11 floors. Most buildings in this market 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 region. Commute by car is the most popular way to get to work amongst Sheldon Charter Oak folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.