The typical asking rate per listing is in the $20's per square foot per year. The Kilbourn Town region is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.
Compared to the rest of the Milwaukee market, the Kilbourn Town region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 25 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 48% of the available leases in the Kilbourn Town are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1917 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Kilbourn Town occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.