On average, listings lease in the $10's per square foot per year. The Lake Morton Historic District submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year.
In the last 90 days, 1 listings have been made available, which means new availabilities 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 2,300 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1946 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Lake Morton Historic District occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.