Most listings are in the $10's per square foot per year. The Downtown Springfield submarket is going through a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 10 listings have come on the market, which means new availabilities might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,190 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the residents of Downtown Springfield work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.