Most listings are in the $20's per square foot per year. The North Downtown submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 11 listings have been made available, which means office spaces are probably 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 2,990 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 16 stories. Most buildings in this area were built in 1927 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Downtown folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.