On average, listings lease in the $20's per square foot per year. The Downtown Boise City submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 44 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Downtown Boise City are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,590 sqft. Most buildings in this area are close to 5 floors. Most buildings in this market were built in 1969 and are Class A.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Boise City occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.