Most listings are in the $20's per square foot per year. The Thanksgiving Point Business Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 16% decline in rent.
In the last 90 days, 14 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 29% of the available space in the Thanksgiving Point Business Park 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this region were built in 2008 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Thanksgiving Point Business Park occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.