Most listings are in the $10's per square foot per year. The Downtown Amarillo submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 21% decrease in rent.
In the last 90 days, 17 listings have been listed, which means office spaces 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 2,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1964 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Amarillo residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.