The typical asking rate per listing is in the $20's per square foot per year. The Church Street Marketplace submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 500 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 0 and are Class Class A.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Most of the residents of Church Street Marketplace work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.