Most listings are in the $20's per square foot per year. The Central Business District submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Cincinnati market, the Central Business District submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 157% of the office spaces in the Central Business District 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 6,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this area were built in 1925 and are Class B.
Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.