Central Business District Retail

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
3,330
As of: March 29, 2017

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.

Central Business District Listing Supply

In the last 90 days, 5 listings have been made available, which means new availabilities 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 4,600 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 7 stories. Most buildings in this area were built in 2004 and are Class A.

Central Business District Community

A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Most of the occupants of Central Business District work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research