Most listings are in the $0's per square foot per year. The Northwestern Precinct submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 4 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Northwestern Precinct 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 9,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 8 floors. Most buildings in this region were built in 1930 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Northwestern Precinct folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.