On average, listings lease in the $10's per square foot per year. The Chestnut Heights, Princess Place & Princess Place Drive submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year.
In the last 90 days, 11 listings have been made available, which means spaces might be 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 1,500 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the residents of Chestnut Heights, Princess Place & Princess Place Drive 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 Chestnut Heights, Princess Place & Princess Place Drive.
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