The typical asking rate per listing is in the $30's per square foot per year. The Abbott Loop submarket is going through a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a 77% increase in rent.
In the last 90 days, 1 listings have been listed, which means listings most likley are leasing quickly. 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.
Even though the median size is 3,130 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Abbott Loop occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.