Most listings are in the $20's per square foot per year. The Kilbourn Town submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Milwaukee market, the Kilbourn Town submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 25 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 52% of the available leases in the Kilbourn Town 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 6 stories. Most buildings in this area were built in 1917 and are Class B.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Kilbourn Town occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.