On average, listings lease in the $20's per square foot per year. The Main Street Merchants submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 11 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 145% of the available space in the Main Street Merchants are subleases, so you might be able to find a shorter term or below market rent. 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 4,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1950 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Main Street Merchants residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.