Most listings are in the $0's per square foot per year. The Historic Third Ward region is experiencing a decline in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 19 listings have been listed, which means new availabilities are probably 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.
The standard measurement for office space in this area is around sqft. Most buildings in this area are close to 5 stories. Most buildings in this market were built in 1913 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Historic Third Ward residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.