On average, listings lease in the $20's per square foot per year. The College Avenue Historic District submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 3 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 680 sqft. Most buildings in this region are approximately 12 stories. Most buildings in this area were built in 0 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst College Avenue Historic District occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.