On average, listings lease in the $10's per square foot per year. The Tower District region is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% rise 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, 15 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. 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 occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.