Most listings are in the $20's per square foot per year. The Central Business District region is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 26% rise in rent.
Compared to the rest of the Cincinnati market, the Central Business District region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 56 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available space in the Central Business District are subleases, so you will probably have to focus your search on direct office leases. 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 6,800 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this region were built in 1924 and are Class A.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.