On average, listings lease in the $10's per square foot per year. The Southgate Triangle submarket is going through a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year.
In the last 90 days, 12 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,090 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1971 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the folk of Southgate Triangle work from home. 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 Southgate Triangle.
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