On average, listings lease in the $20's per square foot per year. The Tanglewood submarket is going through a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 7 listings have been made available, which means leases are probably 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.
The standard measurement for office space in this area is around 390 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1980 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Tanglewood occupants. Commuting approximately 20 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 Tanglewood.
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