The typical asking rate per listing is in the $10's per square foot per year. The Central Business District submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 23% decrease in rent.
In the last 90 days, 3 listings have been posted online, which means listings most likley are 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.
Even though the median size is 4,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this market were built in 1916 and are Class C.
This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.