On average, listings lease in the $20's per square foot per year. The Downtown Jackson submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% rise in rent.
In the last 90 days, 13 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 15,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this region were built in 1950 and are Class A.
Waste services is the dominant industry in this area. Most of the folk 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.