The typical asking rate per listing is in the $20's per square foot per year. The Swanson Gardens submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.
In the last 90 days, 15 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Swanson Gardens are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,670 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 2005 and are Class B.
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 market. Commute by car is the most popular way to get to work amongst Swanson Gardens residents. Commuting around 15 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 Swanson Gardens.
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