On average, listings lease in the $30's per square foot per year. The Strip District submarket is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Pittsburgh market, the Strip District region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,280 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1978 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Strip District folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.