On average, listings lease in the $10's per square foot per year. The East Central submarket is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 9 listings have come on the market, which means new 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,620 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst East Central occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.