Central Business District Retail

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,500
As of: December 8, 2016

Central Business District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Business District region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 25% decline in rent.

Central Business District Listing Supply

In the last 90 days, 21 listings have been made available, which means new availabilities are probably 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 2,020 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1965 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 residents. Commuting close to 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