The typical asking rate per listing is in the $10's per square foot per year. The Sheldon Charter Oak submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.
Compared to the rest of the Hartford market, the Sheldon Charter Oak submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have come on the market, which means new listings 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.
Even though the median size is 5,400 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 11 floors. Most buildings in this region were built in 1915.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Sheldon Charter Oak folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.