Towne Centre Retail

Towne Centre

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,450

Towne Centre Rates

The typical asking rate per listing is in the $10's per square foot per year. The Towne Centre submarket is going through a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year.

Towne Centre Listing Supply

In the last 90 days, 31 listings have been made available, which means new availabilities most likley are 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.

The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this area were built in 1981 and are Class B.

Towne Centre Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Towne Centre occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Towne Centre.
Research