On average, listings lease in the $10's per square foot per year. The Covington Central Business District submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 24% decline in rent.
In the last 90 days, 1 listings have been posted online, which means office spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,780 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 11 stories. Most buildings in this region were built in 1988 and are Class A.
Finance and insurance are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst Covington Central Business District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.