The typical asking rate per listing is in the $0's per square foot per year. The East Central City submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have come on the market, which means office spaces might be 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.
The standard measurement for office space in this area is around sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of East Central City work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.