The typical asking rate per listing is in the $20's per square foot per year. The Downtown Montgomery submarket is going through a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.
In the last 90 days, 9 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 344% of the available leases in the Downtown Montgomery 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.
The standard measurement for office space in this area is around 1,890 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1903 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Montgomery folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.