On average, listings lease in the $20's per square foot per year. The Downtown Riverfront submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 21% rise in rent.
In the last 90 days, 23 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the office spaces in the Downtown Riverfront are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,920 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 0 and are Class Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Most of the occupants of Downtown Riverfront work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.