Most listings are in the $20's per square foot per year. The Downtown Evansville region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.
In the last 90 days, 5 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Downtown Evansville are subleases, so you might be able to find a shorter term or below market rent. 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 3,230 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1910 and are Class A.
This region is fairly equally mixed residential and commercial. Health care is the dominant industry in this area. Most of the occupants of Downtown Evansville work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.