The typical asking rate per listing is in the $20's per square foot per year. The Argenta Arts District region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 2 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 210 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1954 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Argenta Arts District residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.