Most listings are in the $20's per square foot per year. The North Downtown region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 4 listings have been made available, which means listings most likley are 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built in 1925 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst North Downtown occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.