Most listings are in the $20's per square foot per year. The Government District region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 6 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,150 sqft. Most properties in this area are around 9 stories. Most buildings in this area were built in 1970 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Government District folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.