On average, listings lease in the $20's per square foot per year. The River Market submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 24% rise in rent.
In the last 90 days, 2 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,180 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 7 floors. Most buildings in this region were built in 1939 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst River Market occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.