The typical asking rate per listing is in the $30's per square foot per year. The Colonial Townpark submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $35 per sqft per year.
In the last 90 days, 10 listings have been listed, which means new listings most likley are going fast. 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.
Even though the median size is 3,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this region were built in 2004 and are Class A.
This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Colonial Townpark residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.