The typical asking rate per listing is in the $10's per square foot per year. The Downtown Rock Island region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 18% decline in rent.
In the last 90 days, 15 listings have been posted online, 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built in 1924 and are Class B.
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. Commute by walking is the most popular way to get to work amongst Downtown Rock Island residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.