The typical asking rate per listing is in the $20's per square foot per year. The Urban Estates region is seeing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 47% increase in rent.
In the last 90 days, 19 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Urban Estates 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,550 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Urban Estates occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Urban Estates.
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