Central Business District Retail

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
14,720
As of: December 9, 2016

Central Business District Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Business District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.

Central Business District Listing Supply

In the last 90 days, 2 listings have been made available, 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 14,720 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1935 and are Class A.

Central Business District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Business District occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research