The typical asking rate per listing is in the $0's per square foot per year. The Old Port District submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means listings 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.
The standard measurement for office space in this area is around sqft. Most buildings in this region are around 4 floors. Most buildings in this area were built in 1868 and are Class B.
Waste services is the dominant industry in this market. Most of the occupants of Old Port 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.