Most listings are in the $30's per square foot per year. The Arts District region is experiencing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 11% rise in rent.
In the last 90 days, 9 listings have been listed, which means new availabilities might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 30,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1963 and are Class C.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Arts District folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.