On average, listings lease in the $30's per square foot per year. The East End submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Pittsburgh market, the East End region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 71 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the East End 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst East End residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.