The typical asking rate per listing is in the $20's per square foot per year. The Transit Village region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 11 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Transit Village are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,560 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1978 and are Class A.
This market is fairly equally mixed residential and commercial. Information is the dominant industry in this region. Most of the occupants of Transit Village work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.