Colonial Avenue Area Industrial Space

Colonial Avenue Area

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,470

Colonial Avenue Area Rates

The typical asking rate per listing is in the $10's per square foot per year. The Colonial Avenue Area region is going through a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Colonial Avenue Area Listing Supply

In the last 90 days, 14 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Colonial Avenue Area are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,470 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1961 and are Class B.

Colonial Avenue Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the folk of Colonial Avenue Area work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Colonial Avenue Area.
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