The typical asking rate per listing is in the $10's per square foot per year. The Tower District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Fresno market, the Tower District region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 27 listings have been made available, which means office spaces 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.
Even though the median size is 3,050 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area were built in 1959 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Tower District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.