Central Business District Retail

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,200
As of: March 12, 2017

Central Business District Rates

Most listings are in the $10's per square foot per year. The Central Business District submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 26% decline in rent.

Central Business District Listing Supply

In the last 90 days, 19 listings have been made available, which means leases 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.

Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1927 and are Class B.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research