The typical asking rate per listing is in the $40's per square foot per year. The Five Points submarket is going through a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 15% rise in rent.
In the last 90 days, 10 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,370 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1930 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Five Points residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.