On average, listings lease in the $0's per square foot per year. The Downtown Dayton region is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 7 listings have come on the market, which means leases 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 6,590 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 11 floors. Most buildings in this region were built in 1971 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Dayton occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.