On average, listings lease in the $0's per square foot per year. The Strip District submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 6 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 12,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1978 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Strip District occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.