On average, listings lease in the $30's per square foot per year. The Downtown Reno region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 47 listings have been listed, so you'll want to check back regularly for new listings. About 15% of the office spaces in the Downtown Reno 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.
The standard measurement for office space in this area is around 1,260 sqft. Most properties in this area are around 3 floors. Most buildings in this area were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Reno folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.