On average, listings lease in the $10's per square foot per year. The Downtown Jackson region is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 6 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Downtown Jackson are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,780 sqft. Most buildings in this market are around 6 stories. Most buildings in this region were built in 1960 and are Class B.
Waste services is the dominant industry in this market. Most of the residents of Downtown Jackson work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.