Most listings are in the $30's per square foot per year. The Arts District submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 11% rise in rent.
In the last 90 days, 9 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 30,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1963 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Arts District occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.