Central Business District Retail

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,670
As of: February 28, 2017

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 40% increase in rent.

Central Business District Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are 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 4,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this region 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 area. 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