On average, listings lease in the $40's per square foot per year. The Old Northwest submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $45 per sqft per year.
In the last 90 days, 1 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Old Northwest are subleases, so you might be able to snag a great spot on a short term. 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 6,330 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this region were built in 1985 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Old Northwest residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.