On average, listings lease in the $0's per square foot per year. The Northwest Old Courthouse submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $31 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 9 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 78% of the available space in the Northwest Old Courthouse are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,990 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 8 floors. Most buildings in this market were built in 1981 and are Class B.
Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Northwest Old Courthouse residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.