On average, listings lease in the $40's per square foot per year. The Lower Hills District region is going through a a boost in rates. In the last 3 months, the median rate went up $44 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 3 listings have come on the market, which means leases most likley are going fast. 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.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1964 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Lower Hills District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.