On average, listings lease in the $20's per square foot per year. The Ballpark submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 3 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the available leases in the Ballpark are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ballpark occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.