Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
5,000
As of: June 28, 2017

Central Business District Rates

On average, listings lease in the $20's per square foot per year. The Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.

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 region.

Central Business District Listing Supply

In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 193% of the listings in the Central Business District are subleases, so you might be able to find a shorter term or below market rent. 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 5,440 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 6 stories. Most buildings in this area were built in 1925 and are Class B.

Central Business District Community

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.

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