On average, listings lease in the $20's per square foot per year. The Government District region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
In the last 90 days, 2 listings have been posted online, which means listings most likley are 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 4,720 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 9 stories. Most buildings in this area were built in 1970 and are Class A.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Government District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.