Most listings are in the $20's per square foot per year. The Central Business District submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 22% rise in rent.
Compared to the rest of the Cincinnati market, the Central Business District region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Central Business District are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,320 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1927 and are Class A.
Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.