The typical asking rate per listing is in the $20's per square foot per year. The Old Port District submarket is going through a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% increase in rent.
In the last 90 days, 2 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Old Port District are subleases, so you might be able to snag a great spot on a short term. 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 6,690 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this area were built in 1868 and are Class B.
Waste services is the dominant industry in this region. 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.