The typical asking rate per listing is in the $30's per square foot per year. The Central Area region is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 33% rise in rent.
In the last 90 days, 40 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1964 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Most of the residents of Central Area work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.