On average, listings lease in the $30's per square foot per year. The Main Street Merchants region is experiencing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 49% increase in rent.
In the last 90 days, 18 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Main Street Merchants 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,360 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1935 and are Class Class B.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Main Street Merchants occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.