Most listings are in the $0's per square foot per year. The Five Points District region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 6 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,850 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 36 stories. Most buildings in this market were built in 1960 and are Class B.
Wholesale trade is the dominant industry in this market. Most of the folk of Five Points District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.