On average, listings lease in the $10's per square foot per year. The Cliff Cannon region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 17% increase in rent.
In the last 90 days, 3 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Cliff Cannon are subleases, so you might be able to find a shorter term or below market rent. 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 12,520 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1928 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 bike is the most popular way to get to work amongst Cliff Cannon folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.