On average, listings lease in the $10's per square foot per year. The Martin Luther King submarket is going through a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year.
In the last 90 days, 3 listings have been listed, which means office spaces are probably leasing quickly. 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.
Even though the median size is 4,450 sqft, there are still 0 listings below 2,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of Martin Luther King work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.