The typical asking rate per listing is in the $0's per square foot per year. The Downtown East submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. 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 sqft. Most properties in this area are approximately 5 floors. Most buildings in this region were built in 1966 and are Class A.
This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this market. Most of the residents of Downtown East work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.