On average, listings lease in the $10's per square foot per year. The Covington Central Business District region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 24% decline in rent.
In the last 90 days, 1 listings have come on the market, which means office spaces are probably 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,780 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 11 stories. Most buildings in this market were built in 1988 and are Class A.
Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Covington Central Business District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.