On average, listings lease in the $0's per square foot per year. The Five Points District region is going through a decrease in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 7 listings have been posted online, which means office spaces 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 5,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 36 stories. Most buildings in this market were built in 1960 and are Class B.
Wholesale trade is the dominant industry in this region. Most of the folk of Five Points District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.