Most listings are in the $0's per square foot per year. The Village Seven submarket is going through a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 10 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1973 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Village Seven residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.