On average, listings lease in the $10's per square foot per year. The Downtown Akron submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
In the last 90 days, 10 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,160 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1930 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Akron occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.