On average, listings lease in the $0's per square foot per year. The Mid-City Industrial submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 9,110 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1930 and are Class B.
Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Mid-City Industrial folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.