Most listings are in the $0's per square foot per year. The Arena submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 10,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1948 and are Class B.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Arena folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.