The typical asking rate per listing is in the $20's per square foot per year. The Downtown Boise City region is experiencing a decrease 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, 31 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 226% of the available leases in the Downtown Boise City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this region were built in 1967 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Boise City residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.