The typical asking rate per listing is in the $30's per square foot per year. The Colonial Townpark submarket is going through a a boost in rates. In the last 3 months, the median rate went up $35 per sqft per year.
In the last 90 days, 12 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 42% of the available leases in the Colonial Townpark are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 20,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 2004 and are Class A.
This region is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Colonial Townpark occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.