The typical asking rate per listing is in the $30's per square foot per year. The East End region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Pittsburgh market, the East End submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 21 listings have come on the market, which means 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst East End residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.