On average, listings lease in the $10's per square foot per year. The Park Towne region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 15% rise in rent.
In the last 90 days, 20 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 15% of the available space in the Park Towne 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 6,150 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1980 and are Class B.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Park Towne folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.