The typical asking rate per listing is in the $10's per square foot per year. The College Park submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 16 listings have been made available, which means spaces are probably leasing quickly. 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.
Even though the median size is 3,710 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1988 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 market. Commute by taxi is the most popular way to get to work amongst College Park occupants. 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 College Park.
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