Most listings are in the $20's per square foot per year. The Kilbourn Town submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year.
Compared to the rest of the Milwaukee market, the Kilbourn Town submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 25 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 44% of the available leases in the Kilbourn Town 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this area were built in 1917 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Kilbourn Town folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.