The typical asking rate per listing is in the $10's per square foot per year. The Magnolia Manor submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $14 per sqft per year.
In the last 90 days, 16 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, 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 buildings in this market are approximately 1 floors. Most buildings in this market 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 region. Most of the folk of Magnolia Manor work from home. Commuting approximately 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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