The typical asking rate per listing is in the $20's per square foot per year. The Five Points submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 2 listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 280 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of Five Points work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.