Most listings are in the $20's per square foot per year. The Duke-Riverport Industrial Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 4 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Duke-Riverport Industrial Park 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,540 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 11 stories. Most buildings in this area were built in 2000 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Duke-Riverport Industrial Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.