The typical asking rate per listing is in the $0's per square foot per year. The Section 45 submarket is seeing a decline in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 0 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Section 45 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this market were built in 1990.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Section 45 folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.