On average, listings lease in the $0's per square foot per year. The Central Area submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 40 listings have come on the market, which means spaces might be going fast. 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 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1964 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Most of the occupants of Central Area work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.