On average, listings lease in the $10's per square foot per year. The Downtown Riverfront region is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 23 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 35% of the office spaces in the Downtown Riverfront 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 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 840 sqft. Most properties in this region are close to 4 floors. Most buildings in this region were built in 0 and are Class Class B.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Most of the occupants of Downtown Riverfront work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.