Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
95
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,800
As of: December 4, 2016

Central Business District Rates

Most listings are in the $10's per square foot per year. The Central Business District region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 28% decline in rent.

Compared to the rest of the Cincinnati market, the Central Business District submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central Business District Listing Supply

In the last 90 days, 95 listings have been listed, so you'll want to check back regularly for new listings. About 1% 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 5,800 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this area were built in 1924 and are Class A.

Central Business District Community

This market is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research