On average, listings lease in the $20's per square foot per year. The Transit Village submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.
In the last 90 days, 18 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Transit Village are subleases, so you might be able to find a shorter term or below market rent. 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 6,810 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1977 and are Class A.
This area is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Most of the residents 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.