On average, listings lease in the $40's per square foot per year. The Urban Estates submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year. That's a 113% rise in rent.
In the last 90 days, 19 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 32% of the available leases in the Urban Estates are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 15,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Urban Estates folk. 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 Urban Estates.
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