Most listings are in the $20's per square foot per year. The Downtown Tallahassee submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 5 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1960 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Downtown Tallahassee work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.