The typical asking rate per listing is in the $10's per square foot per year. The Southside submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $91 per sqft per year. That's a 85% decrease in rent.
In the last 90 days, 13 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 6,320 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southside residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.