On average, listings lease in the $0's per square foot per year. The Central City region is seeing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 11 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 16,130 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region 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. Professional services is the dominant industry in this market. Most of the folk of Central City work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.