The typical asking rate per listing is in the $10's per square foot per year. The Magnolia Manor submarket is going through a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year.
In the last 90 days, 16 listings have been listed, which means spaces most likley are leasing quickly. 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 700 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1978 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the occupants of Magnolia Manor work from home. Commuting close to 30 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 Magnolia Manor.
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